I can see helping people who have unexpectedly severe losses, like those in western North Carolina, but no amount of hurricane damage anywhere in Florida can be deemed unexpectedly severe.   

Back when a similar regulation was introduced in another city I worked in, I remember a client who nearly had a deal derailed because of unexpected delays.

One card you should never use as it is only for emergencies that arise that were unexpected from the flip.You have three days to open as many cards as you want and it will hit your credit score only once.I also learned this from a real estate seminar I attended.

Failing to budget correctly for repairs or not accounting for unexpected expenses can cause you to go over budget.

How did the properties you purchased turn out, and were there any unexpected issues like liens or repairs?

The cash flow you earn from rentals will likely be best spent on maintenance, unexpected expenses, and reinvesting in future opportunities.

Syndications start off with a lot of unspoken ifs… if we can force appreciation, if variable rates don’t go up, if no unexpected surprises as to the estimates we based our proposal on, etc.To me, the biggest flaw in the single point IRR analysis is to ignore the risk of being a passenger on the bus with a syndication in the first place.  

., laundry facilities, pet fees).Fixed Expenses: Include mortgage payments, property taxes, insurance, and property management fees.Variable Expenses: Include repairs, maintenance, utilities, and any unexpected costs.Capital Expenditures: Set aside a portion for future big-ticket items (e.g., roof replacement, appliance upgrades) as a reserve.3.

Failing to budget correctly for repairs or not accounting for unexpected expenses can cause you to go over budget.

I just got off a call yesterday with a investor group with a bunch of blue island buildings,  from there experience tenants have been pretty good but the buildings are older and a lot of unexpected problems have arisen so I would say make sure to have a good inspector and some reserves incase work is needed and its a good area to cash flow.