Or do you need to evaluate your individual scenario and find your sweet spot to mitigate the amount of risk you are taking on based on your monthly income, unforeseen repairs/expenses, negative cash flow from appreciating Hawaii properties, etc...?  

Have you ever flipped a house and had unforeseen expenses pop up?  

It is 100% possible but the plan is very susceptible early on since there will be things that happen, mistakes made, and unforeseen huge repairs that should have been caught during the home inspection.

This would help immensely if you don't have enough being reserved for your vacancy rate or if some unfortunate and unforeseen event takes place.

Had he stayed on track, I don't think he'd be dipping into hard money or secondary lenders.Although, maybe I'll qualify my earlier statement by saying something unforeseen occurred causing his friend to expend more funds than he was scheduled to.

Then again, it has correctly been said that those with such a high score can be up to their ears in debt which only means that they have no wiggling room if an unforeseen issue occurs (job loss, illness etc).

Somethings are just unforeseen.  

Bulldog claims they aim for you to make at least 20% profit on your initial investment, barring any unforeseen issues.

Hi BP,I realize again the importance of avoiding over-leveraging especially in this unforeseen recession crisis.

For me, the thing is in that first year is where I'm going to discover all my problems with that property, all the unforeseen issues. if I have cash in the bank/market and $500/mo coming in and a water heater blows up and a boyfriend kicks in the door I still sleep at night.