FINANCIALS: End of January we will be 100% debt free and we have a personal emergency fund saved.

If you planned on moving out of a house and buy another property, as an example, you could pull a HELOC before you moved out and keep it as an emergency fund.  

However, if there is not an emergency or immediate need, then we will do our research on quotes or take our time figuring out how we would do it ourselves and make the time to do it.

For our larger park we have a 'Maintenance Manager' set up for up to 24 hours per week as needed with OT for after hours emergencies. 

ANYTHING not pre-approved will not be reimbursed for (unless its an emergency and you cant be reached fast enough)....

Focus on analyzing properties and starting small, like house hacking or buying a single-family home to rent out rooms, while ensuring cash flow and maintaining an emergency fund.

Your clients should focus on properties with significant equity potential and work with experienced contractors to stay within budget and timeline—especially with borrowed funds on the line.Avoiding Bad Deals - Encourage them to work with experienced agents, contractors, or mentors and always run multiple scenarios, including worst-case outcomes, to stress-test their numbers.Reserves - Advise your clients to keep a reserve fund separate from their loan for emergencies, unexpected expenses, or delays.

good medical at emergency!

Once it is operating, it doesn't require a ton of time, save & except when you have an emergency come up.

Basically you can't have the yard be higher than 6 inches below the window sill (otherwise it would v difficult for people to exit out of this window in case of an emergency).