(especially when you don't ask for good reviews there is no buffer)  @Jim S. 

Naturally, I'm spending it immediately on a big screen TV...JK, it will help buffer my delinquent tenants late rent. 

So long story short if you have buildings that have a healthy buffer you'll probably be able to weather the storm.

you need to make money when you buy.so all good on apts but no need to rush unless you get a value add opportunity .also make sure you have a buffer of 50 to 100k to deal with the surprises.

I've put in buffers for management company, vacancies, utilities, etc.Has anyone else ever purchased a college rental of this size?

Now you have some time buffer but still need to ensure that you can make the payouts for the second year. 

There are so many assumptions built into their models around rent increases, minimal opex increases, and further compressed cap rates 5 years out, that there is little to no buffer in case anything goes wrong.If you are looking to invest in a syndication, look closely at these assumptions and compare them to the local market's demographics (population trends and job growth). 

The number of rentals that make you financially independent with huge buffer is enough. 

You could even take this a step further and say that commercial real estate would have greater margins/more price buffer.

I want a buffer.