(Ie. having a baby, moving to other side of town for job, etc.)

I am living in the western suburbs of Illinois with my wife, dog, and have a baby on the way (T-minus 3 months).

The problem with this approach is I am inconstantly baby sitting  them and still stuck doing half the work myself.The problem I would expect to see with subs, is they are expensive and harder  to control.I am sure some of you have been in my situation and I would like to know what you did to take your business to the next level.Thanks.

I decided to pursue real estate investing because my wife and I want to become financially free, build an empire for our family, and retire within the next 10-15 years to spend more time with each other and our newborn baby girl, and travel.I'm primarily interested in buy-and-hold properties and have joined to obtain more information on how/where to start.

Once the baby is born they might be changing their toon.

But in so learning, make sure you don't throw out the baby with the bathwater! 

Sorry your tenant kicked the bucket, but from the baby born today to the oldest person living, we're all in line behind him.Unless he's a family member or close family friend, you should not suffer financially for the tenant's death.I would file and eviction notice right away and then keep a running total of lost rent and other costs.Then there are additional actions you can take in the interim to ensure you come out okay.

I’m hesitant to acquire property without a sizable emergency fund (Dave Ramsey baby here) but I am curious as to thoughts about utilizing that first 25k, or at least a portion of it, for a down payment on our first rental.Any advice/clarification would be greatly appreciated!

From the standpoint of a "retirement community" I don't know if it works because what I've been seeing is that the baby boomers that are retiring want to stay near their grand kids which are generally located near economic engines (industry, universities, hospitals, etc...).

I bought those two investment properties with profits from a good primary home purchase in NYC (bought for $250,000 in 2002, sold for $475,000)Sold one of the investment properties out here in San Jose, CAPurchased for $436,000 in 2013, sold for $665,000 a few weeks agoDoing a 1031 Exchange to move our profits into a better cash flow marketIn contract on 5 properties with 2 different turnkey providers in Kansas City, MO...looking for 1-2 moreGoal short-term is to improve our cash flow, longer term goal is to make enough on our investment portfolio to have more flexibility in day jobs, and live wherever we'd like, hopefully somewhere with more land to spread out (we've got 3 chickens, 2 dogs, and a baby on the way this fall on our little 4300 square foot lot in urban San Jose)Thanks again for the referral, and look forward to getting in touch with them!