I’ve got enough to cover a roof and a furnace.none of this came from my pockets but tenants.

A good rule of thumb is to have at least $5 to $10K in reserves per unit to cover these situations and avoid financial strain.Thank you for the reply and help!

I would focus on saving enough money that if I had a deal go bad, then that money I saved was there to cover it. 

Taylor sent multiple email inquiries to our insurance provider asking what risks their policy covered.

@Anthony Miller here's something to think about that's not covered in any books!

I've not covered everything but just given you a start. 

It's been covered extensively. 

Before buying or renting in an unfamiliar neighborhood, you should check the following two sites: SpotCrime, AreaVibes,These sites provide valuable information, including Livability Scores, which cover aspects such as crime rates, employment, health, housing, schools, shopping, and more.well, anything can happen anywhere.

Often the hard money lenders that appear to offer the best leverage actually require more cash when looking at the entire picture.

HOA is currently $172/month, with and additional $44 for club fees, covering club amenities, including a gym, boat lift, a restaurant etc.