As I have grown, I have learned (continually learning) more on how to structure my finances to ensure for financial stability during the unexpected that often arises while owning property.

If I die unexpectedly, my family is taken care of.Retirement accounts were meant to replace company pensions by reducing employee income during employee working years to save businesses money.

Think a big component is amount of available rooms where people could sleep.

Being able to come up with an accurate rehab estimate (and accurate means assuming the worse and then adding a contingency on top to account for what always shows up unexpectedly) is not something that should be taken lightly. 

What were the headaches and unexpected costs that came up?

@Anna Bee Interest rates are simply one component of a real estate transaction. 

-What unexpected issues did you run into after you bought your properties?

I was wondering who might be brave enough to share any unexpected pitfalls/struggles that they encountered by being their own property manager of a multi unit apartment.As I began thinking about managing a multi-unit (especially one such as a 10-30 unit dwelling), I tried to think outside the box about possible unforeseen challenges outside of the typical calls "my sink doesn't work" or "my toilet doesn't flush". 

Once you get an idea of the costs associated with each component then you can look at a property and do a basic estimate of the costs to see if its worth your time.

Without any experience and a track record there's few lenders that will loan a person money, let alone release funds upfront and trust you, unless you have something to put up of equal value for security. these are valid concerns.. with HML in the past learning their lessons about advancing rehab money until components are in place.reality though is if you are going to be stuck because a draw is 5k short.. then you probably wont get the loan in the first place. you need to have a lot of liquidity to be in the fix and flip business..