You'll want to set them aside in savings until your reserves are high enough to cover an unexpected costs.

Again, I also do all the work myself, and so installation, maintenance, out-of-pocket costs, and unexpected headaches are minimal.

I had paid the low 6 figure payoff in full and put everything in motion to proceed with the deed only, when very unexpectedly my mother passed (just 3 weeks ago).

Mind you this is someone who made a maintenance request about an outlet not working why wouldn't you make a request to fix a "faulty" lock?

You'll be stuck holding the bag if there's not enough margin for unexpected items, which I think is highly likely.

Some times people have an unexpected expense and while it would be nice if they let you know ahead or time, or better yet have an emergency fund; that doesn't always happen.

https://www.cnn.com/travel/article/unexpected-foodie-cities-us/index.htmlBourbon, food, and horseracing!

(You don’t have that flexibility with a 15 year mortgage because there’s no option to pay it off like a 30 year mortgage if you have unexpected expenses or just want a lower payment for some reason.)

So I think that end of the biz is pretty lucrative.On the retail outlets, in OR, we're definitely getting swamped with new ones (I think it was $30/g 3 years ago and now I'm seeing $3/g advertised). 

I want some peace of mind in case an unexpected situation occurs.