So you'll end up exhausting the repair account, and dipping into your operating or personal account, thus making the accounting very confusing come tax time. 

The solution coming out of the GFC in 2009 (massive debt injections), won't work now.. that's exhausted - and the bond markets are telling us this.Here is a link to a recent great podcast by the brilliant Dr.

If you are planning on adding additional assets in the near future, then go with the higher projected numbers.Keep in mind, in the event of any liability claim (at fault auto accident / someone getting hurt on one of your properties, many more situations) your underlying policy will be 1st in line, then your umbrella will kick in once the underlying policy is exhausted.

Are they just far enough away from a metro area where a day trip would be exhausting, but a weekend trip would be worth it?

I am living paycheck to paycheck and have nearly exhausted my cash savings.

Also, just the thought of the double closing and having to explain to a C buyer what is going on, exhausts me.

@Jeff Sechrest I tend to agree - if you’re buying homes in the $2k to $6k range that are already 90%+ depreciated, your payback period on your cash outlay is probably 2 years or so and then you have cashflow until the unit has exhausted all of its value.

If the issue is lining a chimney for exhaust for furnace or water heater talk to a good HVAC guy. 

I feel the investment climate has changed radically since my last post and wanted to get some advice on the safest places (diversification, I believe, is key) to park the remaining cash that would generate enough passive income to semi-retire (these recent deaths have left me emotionally and physically exhausted and I feel I need a year or two to recover on a beach somewhere).

Omaha...Pros: - Strong, diverse local economy with low unemployment- Strong rental market with good price/rent ratios- Good appreciation in better areas, withstands economic downturns well- Affordable price points for starter homes- Landlord friendly, evictions can be done in a few weeksCons:- Property taxes are brutal - around 2%- Weather extremes are insane - extreme cold and snow in winter, flash flooding, tornadoes and hail in spring, sweltering heat/humidity in July/August.