If DOGE comes in and rips spending like an animal, we'll see some extreme pain. 

Good luck- shoot me an IM if you'd like more info on my process..a little bit of background research and some phone calls can make your sq' price swing back a lot. 

No reason to wait and eat 3 months of rent.

@Gina Gee  I would love to help but OC is a different animal that the mid-west. 

His mistake was underestimating how much the loan repayment would eat into his cash flow.

I know that style and tenants will eat that top, drawers, and doors for breakfast.

He may have to eat those additional expenses if he can't prove he had approval prior to doing it.c.

By the time you take out a trad. cash-out refi, you'll be eating a bunch of fees, which will chew into your theoretical 5% arbitrage spread. 

When they do, they are typically covered by insurance and settled outside of court.The odds of a landlord being sued for a large enough amount that it eats up their insurance, the equity in the investment, and their personal assets is almost non-existent.

We also have pretty high property tax bills (around 2% of the purchase price/property value) that eat into a lot of the rental income.