Originally posted by @Anthony Dooley:@Ali Boone Why would someone need cash reserves for vacancies or emergencies?

Hi Trevor,I work at a local property management company based in Kissimmee and we are seeing quite a bit of STR convert to LTR because of the lack of reservations they had this past year.

Quote from @Paul Azad: Quote from @Geri Randall: BUYER BEWARE: Goodegg distributions "paused"Goodegg has stopped distributions on the offering I bought a couple of years ago, called Congaree Villas, and has not been forthcoming with revised financial projections that explain why it has done so--even though it says the property is still cash flow positive and has adequate reserves.

We just need to verify that you have cash for the downpayment, closing cost, and up to 6 months of the mortgage payment as reserves.

Each unused lock/deadbolt gets stored in a freezer bag with date and unit the lock was last used on -- so we do not inadvertently place the same lock on the same unit.   

.👉 Reserve Your Spot for FREE Here!

There are two, one bedroom apartments on the second floor and first floor is currently being used as a convenience store.

When ready, start with a small property, near home, with enough capital in reserve to handle adversity.  

So you’re either catching up for a shortage last year, or doubling your reserves for next year.

I can do that for you if you are properly prepared with reserves and credit.