"Extensive rehab" sounds like more than a 6 week job, so to list for rent and then go over time could cost you putting tenants up in temporary housing.On top of that, most people cant see beyond what is there, so showing them an unfinished unit could result in either lower rent, or few applicants

Loss of Use:  Your policy will not pay their costs to rent a hotel or temporary apartment until their unit is able to be reoccupied. 

@Stephanie Jamgochian maybe they are just stopping you from asking for a rent increaseI mean, they asked for a decrease and you come back with an increase?!?!??

Warranty companiesThey offer a certain convenience but They can be a headacheThey can have terrible customer service/communicationThey can hire cheap helpAnd they will deny certain claims or just do temporary fixesSo why do people have them?

Schools (www.greatschools.org) Elementary:Middle school:High school:Employment characteristics (www.city-data.com/) Unemployment rate:Employment appears permanent/stable or temporary?

It provides potential investors feedback about whether there has been an increase/decrease in rents, expenses, vacancies, ect. over time@Chase McArthur Great convo and thanks for pointing out how in Washington D.C. between 2016-2017 the price/unit stayed the same but the cap rate decreased because there was an increase in overall NOI.

The decrease in cash flow feom leverage has zero to do with the underlying risk of the asset or market, but rather that risk eminates from the leverage, and as the leverage increases, so does the risk.

@Ed Gonzalez It's less risky to put 20-25% down and it will also decrease your monthly payment which will increase your cashflow. 

@Kevin Riven because in Phase 1 you can get decent deals and lending is plentiful, in Phase 2 the properties you own or will purchase are about to increase steadily in value, in Phase 3 the properties you own or are about to purchase might decrease steadily in value, and in Phase 4 the properties you wish you could purchase will be very difficult to acquire since lending is almost non-existent.

It's a goal that never ends, unlike having a set $ # goal.It treats increasing assets & decreasing debts more equally & it's not overly aggressive which could encourage over leveraging & return chasing.I know hitting this goal at a minimum, when dealing with large numbers, over 20-30-40 years will get me well past a defined/limited FI number needed for "standard" retirement.