But all their penny pinching did not help them at all when it came to preparing for the impending RMDs, and now they are looking for ways to reduce their tax burden at the 11th hour.

Thanks gents, I used to use a signature platform, but as we all try to pinch every dollar I decided to try the rentredi signature platform.

As a side note, always take what the realtor says about appraisal with a pinch of salt.As for the converted apartment in the back, make sure that you won't be having any issue with the county regarding the use as multi-dwelling or not.

I was a penny pinching hound.

If that other deal passes it can only pinch rental inventory more is the likely outcome imo.

I know there are people who are objectively very wealthy, and still for them penny-pinching is a way of life. 

Cash is king and not having liquidity can cause you and your lenders a problem if you get in a pinch with vacancies, unexpected expensive repairs, etc.

Don't be a penny pinching idiot...just pay for the services you need. 

So, as Tak suggested, I take other's bad experiences with a pinch of salt.I don't think this applies to Tak's situation but there is something to bear in mind here. 

We do not have a lot of money and definitely are pinching pennies all the time.We have a wedding coming up and closing on a house at the same time, as well as dealing with our current house’s issues.Some things may seem insurmountable but they are not, it is uncomfortable and you may go to bed worrying but most of the time I am excited.I am excited about expanding my future and the future of those around me.I feel like I have more control over where my life is heading and the financial stability for the future.I always felt uneasy throwing money in a distant account waiting until the twilight years of my life to get at it.