This kinda make #4 even more important.6) What's the policy for "call for cash" if the property has an unexpected expense 2 weeks into the deal before you managed to accumulate enough cash reserves, where is the money coming for?

Yes , and its a great place to park a car , or to accumulate junk .  

Which would take a lot of us, almost a lifetime to accumulate.

They took the landlord to court for numerous housing violations that the management would not cure (vermin, water damage from the vacant upstairs, accumulated trash from a restaurant in the building), it was pretty gross stuff.

Hello,Is it possible to apply accumulated passive activity loss from prior years' (Real Estate) to a current year if the income from that years real estate activity is less than the income generated by the Real Estate (as an Active RE professional) in the current year?

Currently my partner is ineligible due to student loans that accumulated when his conditions worsened and I lost my previous income after I had a death in the family.

I've heard sometimes contractors accumulate used but good appliances like washers, dryers, etc. when someone simply wants a change and then sell them cheaply.Anyone know of a contractor (or a good used appliance place) in the KC area that might have good, used appliances?

If the market crashes, that's OK too because now we can accumulate more properties cheap to keep for long term cashflow.

Accumulate cash, don't take on new "bad" debt (car loans, etc.).

Once you accumulate a few dozen rentals you will be running around like a chicken missing its head....Frank