It’s always a good idea to add a little “I.C.E” funds to your repair cost Incase anything goes unplanned.

Manly men, as opposed to girly men).Kegorator, electronic darts, poker table w/cards & chips, BluRay player and a collection of porn, Roku or smart hdtv, gas grill & charcoal grill, suit of armor, life size stand up picture of Marilyn Monroe, .22 cal pellet gun with pellets and pigeon/starling/squirrel bait and a critter count score board, horse shoe pit, firepit with several tons of firewood, that's all I can think of right off the top of my head.

One unplanned trip to a property can wipe out a lot of profits once you factor in plane, hotel, car rental, etc.

We have just had a similar problem with squirrels and I thought squirrels lived in trees!

We have a huge issue with squirrels around here.

My most recent purchase was a 4plex in Squirrel Hill (West Philly neighborhood).

You need to decide how much you need to fund today (planned capital expenses) or accept that you are willing to risk your future income (unplanned capital expenses). 

Squirrels can really do some damage once they find a way into the attic.- Always install heavy duty door stops!!!!

Usually when building capital, it is a combination of steady savings and some other unplanned/unexpected financial windfall that we use for investing rather than a new big screen or whatever the average person does with it.

Because of the change in plans along with some unplanned rehab costs, I likely won't have the funds to rehab both houses up front (although I can find additional funds if needed).I read about Fannie Mae's "Delayed Financing Exception" which looks like it may be an option for this property.