If you are not able to withstand a 50% loss to your portfolio...then it might not be a good idea to put those reserves into the market.

Talk about an exhausting long term plan.

This means that we have exhausted all traditional methods of softening a blow of recession.  

Use the BP calculator :-).  2)  Do not buy in the ghetto because the numbers look good3)  Write down your screening process  - this is your most crucial key to success and less headaches4)  Deliver the best rental product   - new appliances, toilets, vanities, paint, fans, clean the A/C and exhaust vents  - this is your second key to success and less headaches5)  Get a good lease  - I can share mineIMHO, I think MFs are overpriced right now.  

I would not go with Lima, B2r, colony or any other broker selling their product unless you have absolutely exhausted every option.

Once you have an FHA loan you are not allowed to have another FHA loan unless relocating a great distance for work.Now that you have exhausted your Low Down Payment Options (Portfolio Conventional and FHA Conventional and FHA) you will need to use a Standard Conventional Loan and put 20% down to get your 3rd Duplex.The sky is the limit...you could continue to buy properties and build an empire or just stop there and enjoy more free time...I have friend who quit his job and just manages his properties now.Keep in mind that this 4 step process I outlined takes time (anywhere from 1 to 10yrs depending on the person) so keep the big picture in mind but don't let it stress you out too much.

I have an upstairs apartment in one of my buildings that needs a bathroom exhaust fan installed. 

That means they can be sued, be made to pay legal bills defending the suit after their coverage is exhausted.

I have my ways and was able to work it out so we did parts and contractors did parts... just enough to keep the bank happy.Contractor replaced water damaged drywall in the garage.Contractor replaced bad wood siding and trim on the exterior.Contractor also reattached the bathroom exhaust vents and installed new hat vents.  

Not withstanding the above, an individual raising capital in a private securities offering must provide all potential investors with a detailed private plavcement memorandum or he gives up all his statutory defenses in case he he sued by the investors3.