That amount should be enough to pay first months deposit on a new place, some money for moving expenses, and maybe a little extra cuz you're nice.

I'm going to evacuate my rental income after 1 year and see if the extra work is worth the return.

Despite all the things I could buy and put to good use, couldn't do it.But so many people out there will have no problems spending the extra $1k they have in their pocket.

Before I made that decision, I was paying extra each month to pay down the principal.  

The only 'extra value' that I would see in the Traditional IRA is that it could be converted into a Solo401K for the benefit of 'leveraged investing' and avoiding some of the potential tax liabilities of leveraging my ROTH within my SDIRA.Thanks, Dan Dietz

I try to be really conservative with my numbers so when that surprise comes up (notice I said when and not if) I will have some extra funds. 25k for rehab is the worst case scenario.

The other biggest benefit is, water habits don't typically change, so if you see that water usage raises by 3500 gallons a month, good clue that extra people have moved in...

I don't see anyone risking so much liability for an extra $5k.

I guess you do your homework upfront and only get it low enough to cover extra problems. 

I still am working a full time job but have been spending every extra moment possible reading and learning all that I can.