Family/health/religion/spirituality.  

I would put those disasters ahead of most EQ concerns.

Remember creativity will allow you to buy more properties with less cash, and that should help you to move a head faster to achieve your investment goals!

The question is do I go ahead and insulate the tenants lines on "my" dime, or ask would they want their lines done and pass the cost on to them?

(Obviously ensure you have the second round advance set aside when it is due)  Most of all, I hope you also see, we did not (intentionally) max the Borrower out in down payment or in period obligation and we still come out pretty far ahead.  

Their's was a lot better shape, but the previous owners were really hands off and let their property manager cut a lot of corners so I did have some work ahead of me.My wife convinced me to list and show the unit myself instead of turning it over to my realtor as we usually do.

@Sebastian Gast Yup I went ahead and got the loan with NO PMI.

on this deal so I have to pay the upfront PMI and the monthly PMI, so now I don't want to fall in love with the house I plan to enjoy it but I still want to focus on moving ahead with real estate investing.  

I'm thinking ahead a bit, and I had a question about doing a cash-out refinance.For some background, I bought a buy-and-hold rental for cash; it included two houses: a 3/2 in the front, and a separate studio cottage in the back.

As long as you know that ahead of time, it isn't a problem.