Growing too fast and in the post hurricane chaos we were in caused some severe cash flow issues.

Growing too fast and in the post hurricane chaos we were in caused some severe cash flow issues.

So just research the area and talk to a local RE agent about flood zones when looking cause that could be a game changer for your numbers. 

It's just a good idea for them, but for me, its contractual stipulation protects me from any claim from my tenant in event I'm sued for losses from some catastrophic or other events that causes tenant losses. 

Maybe if someone could walk me through what I need to do to be ready to buy if a recession was to occur and credit tightens (which is a cause and effect of recessionary pressures).My goal is buy during this type of period and I understand that could be difficult as lending practices change during hard times.

But pulling out too much on the refi can cause you cash flow to take a hit?

Which causes you just to lose out on time, which that experience gained could be invaluable.

Being on forums like this, you get tons of opinions that may not fit your investment model and cause you to compare.  

The previous tenant was a hoarder which caused the unit to be badly neglected for a long period of time.

The listing was no interior access however it said it was bank financial which cause me to be lax in my due diligence.