If anything Fishers isn't going anywhere, so even if you were to hold out, it would take something massively unforeseen to shake that market.  

I've found here in FL that 40-50% is enough to cover expenses, taxes and unforeseen events.

Sometimes, even the best tenants who are well-screened will fall into unforeseen circumstances.

Buy your first deal cash so if you get caught in an unforeseen you don’t have to dish out 10-12% hard money payments.

- Are you confident that there is no unforeseen deferred maintenance on these units?

The devil's advocate in me would say that wouldn't count due to 'relationships come and go' and they possibly only look at marital situations (Publication 523 > Unforeseen Circumstances seems to point that way).

We want to hear of all the unforeseen problems that people run into, and what they learned from it, not just the success stories of people who got lucky.

It's just like when you do a rehab and an unforeseen issue comes up.  

For the extra few thousand dollars a year in "potential extra profits",  it usually gets eaten up in unforeseen costs or poor management.

I would hate to be living in a multi family I can no longer afford to due to an unforeseen event and end up in the streets.