It beats trying to collect them all at end of year because I find contractors aren't so motivated when you don't have money hanging over their head. 

@Scott Louis Hey Scott, Good job on saving so much, that gives you a great head start.

Curious where your head is at.

Multiply that by 10 or 20 or 50 and you can see why so many landlords took it in the teeth in 2008 and beyond.That's why I've been sadly shaking my head over the past two years whenever I'd see folks do deals with a whopping $68 in monthly cash flow.

Going to head over today and do some deep cleaning and touch up paint, get things ready for them to move in

In refinance side with way market is heading I wouldn’t assume you can get more then 80% LTV and if home prices are flat in the next 12 months be very happy.

Heads up though, the company will bid up the price automatically...

I also work full time for New Gen Products as the head of the shipping department and will soon be moving into Sales.

@Justin Smits I contacted the mayor of Hobart and he forwarded my email to the building department and the head building inspector.

It is too easy to get in over your head, you need reserves.