But thats how I understand it.Cards on the table I think the way to go starting out would be to save up for a down payment and keep a HELOC for emergencies.

If you aren't able to bounce back after getting your feelings hurt, then invest in a different area.If you can bounce back, then you can easily amass $1M in restored equity in an emerging market (inner city neighborhood) by working a long term plan.

., and I can say that is no faster-emerging threat to an investor's livelihood in existence bigger than cyber fraud.

I've priced out a full kitchen remodel with all modern convinces and stainless appliances which would cut my emergency savings in half.

I'm very driven and like growing and improving and feel like I am very limited and restricted in that just working my 9-5.I'm currently doing everything I can to pay my student loan debt off by the end of this year and then focusing on using January through June of next year to build up some cash for emergencies (following the Dave Ramsey plan for paying down debt and saving, although don't completely agree with him on investing.)

ETFs are much better for rapid investment, but you could end up losing money (like I did last month) too.Best to keep that money as an emergency fund or pay off bad debts.

If the other 75% hardly turnedover and you had a source of emergency capital in case of a black swan event, you could hypothetically invest those funds moderately aggressively to get a 7-9% return.

With this new confidence, a new trend is emerging with millennials in the home buying market.

What are your plans as far as having cash reserves set aside for emergencies (Capex or even vacancies that goes beyond your monthly cash flow)? 

Check your state laws, but usually you are allowed about 14 days time for repairs that are not emergency repairs (heating, water)