I never spend more than $250 on an emergency repair without having the owner on the phone. 95% of the time, repairs aren't an emergency.

My intention is to control the property to allow my architect to create the drawings/plans/proformas for  the highest & best use of the emerging neighborhood...

I recently had a tenant pass away due to a car accident, I'm not sure about what family he has as he didn't list anyone as an emergency contact in his application.  

IT Security Testing and Monitoring should:  Monitor Threats;  Evaluate emerging threats;  Monitor for external vulnerabilities and develop mitigation strategies;  Perform periodic self-assessments;  Adopt timely corrective action of significant deficiencies;  Consider business continuity and disaster recovery;  Assess the scope impact and urgency of new threat vulnerabilities; and  Reassess the security environment and enhance as necessary.

I don't mean when you need cash, or emergency situations, etc.; but at what point do you look at the numbers and say" time for this one to go, this one stays, etc...?

Also many banks require that you have 6 months of emergency reserves (PITI or principle, interest, taxes, and insurance) for each property you own, outside of your down payment and closing costs.

Fannie Mae house set to close tomorrow and the final walk through discovered all copper pipes have been removed. I want the house, but what do I do. I'm at a lost.....All utilities was on and functional during the app...

It took my wife and I about 1 year to save up 10K and we have 6K in a reserve emergency fund. 

Everyone is telling me it means tear down but my own research shows it's a warning of structural damage etc for first responders in case of an emergency.

It doesn't hurt to line up some bank financing but I would only use it for emergencies.