Note that this can sometimes cause unexpected consequences.

I ended up with around $20K extra in equity, which might not sound like a lot, but I saw this as a way to hedge against unexpected expenses years down the road.

Now I think the only advantage of WL is its tax advantage ( for life insurance we can always buy a cheap term), disadvantages are cost and unexpected withdraw or cancel cost.

I think you tagged me on accident.

You always need to leave enough in the piggy bank for unexpected repairs, etc…Keep this in mind with your deal search.

I got into real estate investing by accident.

The HVAC system failed unexpectedly, adding unforeseen costs.Lessons Learned:Thorough Inspections: Always include major systems in the initial scope.Contingency Budget: Set aside funds for unexpected repairs.Flexibility: Be ready to adapt plans quickly.These lessons highlighted the importance of thorough planning and flexibility in Partner Driven's real estate investments.

You make an great point, to keep stashing cash aside to prepare for the unavoidable "unexpected" costs of physical REI.

While it's not uncommon for buyers to back out of contracts, especially in real estate, it can be particularly challenging when it happens unexpectedly.

More likely, they will be late the next month, and the next and an unexpected event will make them short again soon, and the another.