However, many investors use this as a time to acquire properties, in preparation for the Spring market, which officially/unofficially starts the weekend after the Super Bowl, assuming the weather cooperates. 

Account ClosedSometimes capex is more due to weather variations. also consider buying in A minus neighborhood of KC to get better quality tenants. i know bay area cash flow is limited but you can look in sacramento area for lower priced SFRS.i recommend buying a couple of local rentals before venturing OOS. happy to share info on any memphis investing if interested

I've offered the existing tenants a finders fee, "Select a new tenant for your building".Its starting to get into the bad time of the year in the cold weather areas:  I say Thankgiving to Super Bowl is a dead real estate area for both buying and renting.And I'd consider lowering the rent, rentometer and other sites have average rents for the area. 

High Liquidity - by having some other assets, not necessarily set as reserves, with higher liquidity, you can weather a storm like the Erents issue.

Some of the colder weather markets will begin to see less activity from now through March. 

Mine is an AO Smith and its only 50 gallons, but I can take 3 back to back showers and it still doesn't kick on the resistance heat or run out of hot water.

only thing that is possibly pet resistant is sheet good vinyl flooring where it's a solid surface no seams ...

Of course, weather is always a factor. 

Living below my means and resisting temptations for years, let alone contributing to IRA account, I have accumulated some savings.

(Maybe not quite that old, but still...lol)  They've weathered many storms and aren't likely to be knocked down by the next hurricane or whatever.