Like this is his place.Come to find out he was stashing his drugs under my deck and getting high there.

Now, Im debt free, I have my emergency fund stashed away, and I have 20,000 to use towards an investment.

I'm stashing away about 85% of my income for a first investment.My long term goal is to achieve financial independence through buy and hold, using 1031 exchanges to trade up small multi family to larger apartment.

But sometimes it might be nice to get whatever it is from your personal stash and go right over to the property, rather than having to go to the store first.There is also a tradeoff between paying for and storing hundreds of dollars worth of stuff you might not need, vs having to get a hotel for the tenant or paying for a pro to come out and fix it.

@Jake ThomasWith all of the jokers I have encountered in this industry, I would say we need more!

Good to know.I will have to continue looking, 1 year vs. 2 years is a big difference.I'm currently on month 4 of a one year lease at my apartment complex (was the only real option to sell the house, living at the resident while on the market was not an option for a number of reasons.)I'll make sure to stash away $10-$20k and not touch in case this type of property does go on the market in 6-8 months.There are a few...but they are in areas that aren't bad enough for me to be against purchasing and having a PM company manage for me, but not nice enough to be willing to live in the neighborhood myself.Thanks for the great info.

I like to build a little stash for unexpected maintenance if the building is a little older.

It's relatively cheap for developers to build and wealthy investors are looking for a safe place to stash cash. 

We used a HELOC, plus our cash stash, to buy and rehab a rental, then refinanced and repeated... and repeated...

I have some cash stashed away, a potential partner with cash stashed away, and would like to transition from the learning phase to the learning by doing phase of my journey (I have no interest in hands-off investing with others).From what I have seen so far, BP will be a great community to become a part of for my goals, and I am looking forward to the journey!