It is VERY typical that you experienced a setback when you took a risk - recognize that you are learning, chalk it up to experience and use it as fuel to get better and do more.

Appreciation here is fueled by confirmation bias (it's not that people are really willing to pay top dollar, but that everyone prices their home there and they have no choice) and top of the market new builds.

We are also keeping our website updated with assistance programs and resources for housing, fuel assistance, food pantries, local charities, even links for the furry family members.Many of our residents have expressed great gratitude for us stepping forward to help them out.

Living in this subsidized way has essentially thrown rocket fuel onto my long term savings and how much I can,set aside for the next deal, brokerage acct, and 401k.

Here are the projected monthly numbers:Initial Investment Budget (Down Payment, Closing Costs and Repairs): $160,000*Market Rent: $8,100 without heat/hot water**P&I: $1,351.72Tax: $700Insurance: $313Management: $810Electric: $15Heating Fuel: $0Cold Water: $725Trash Removal Contract: $128Plowing/Lawn Contract: $292Repairs/Capex Reserve: $810Vacancy: $810Projected Profit: $2,145.28Cash on Cash: 16%*Approximately $50k in repairs/capex to separate heat/hot water, install individual W/D hook ups, remove mold from attics, install gutters, and a few other small items.

According to h&r block we owe 40k in taxes and that is after they ran it up the flag pole to their experts.

Taxes $10k, insurance $2835, owner's portion of electric (common areas) and heating fuel (oil) $8000, sewer & garbage $2000, vacancy 5%.

I recently sold my truck to my business, so I pay for license, insurance, repairs and fuel from the corporation. 

How much cash/liquid assets do you need to have on-hand to fuel your lifestyle and maintain a strong balance sheet?

Education will move online and eventually people will start to move back to the trades as a lot of white collar jobs get automated away.The best universities will survive, but not with the seemingly never-ending growth of the last decade or so that's been largely fueled by cheap money from the government.