This deal taught me the true meaning of “expect the unexpected” in real estate!

It is surprisingly easy to manage out of state and if you want more tips on how, check out Bigger Pockets book "30 Day Stay" on Mid Term Rentals. 

Frankly, I'm surprised by all the positive reviews. 

(Churches are surprisingly low value structures.

I also have multiple streams of income and the ability to reduce my expenses sharply if needed to payoff a major unexpected expense.

That’s okay, just accept the risk of a “surprise”. 

If an employee calls out sick or quits unexpectedly, you will have to step in to handle the day to day of your business.The amount of work required from you as the owner will depend largely on what services your mat offers.

"Do a thorough title search, lien search, code violation search, comdemnation list"-  If I hire a title company to ensure all liens are cleared and say surprise 10k lien shows up in my mailbox, can you hold the  title company accountable for what they missed?

Surprising you can get a heloc on an investment property - those are tough.

Using a 401(k) loan reduces your emergency liquidity, which could make the investment riskier if unexpected costs arise.