In today's market, if a tenant doesn't have a credit score than we ask of advanced rent.

Please PM if you've worked with them.Thanks in advance,Ryan

Same as you wouldn't only invest in one stock (or the stock market), diversifying allows you a bit of a safety net in case one goes down.With real estate a lot of people focus on cash flow, but remember tenants are paying down your mortgage for you and helping you build equity and over time (eg 5-10 years) your house will also appreciate in value.

When you see what people do with old space heaters, guards and safety removed, plugging in several in one overloaded extension cors,... you can see where the concern is coming from.

Thanks in advance for sharing your knowledge!

Loan administration can have a huge impact on how much cash is required to advance projects.

In the AIA system, there are no real deposits or advances.

We do not want to borrow our equity against our current home to fund the investment property so just looking for ideas on how we should go about doing this.Thank you in advance for your answers.

Thank you so much in advance!

There are a lot of different ways to deploy that $300K (or keep a larger chunk in cash for safety).