That to me is excessive, but the cost is really up to the individual. 

If your passive income is more than you can spend even while traveling excessively, do you need to generate more?  

I know the property needs a lot of work - in the excess of $100,000.00 but once this is done and the occupancy get's raised above the current 52% it will become a great deal.

Similarly, new real estate brokerage models are popping up all over the place to wipe out the excess profits in the real estate industry.

. $100k seems pretty excessive in my opinion.

Be careful however, because excessive delays can become a problem.9.

(c) A landlord may not demand or receive security, however denominated, in an amount or value in excess of an amount equal to two months’ rent, in the case of unfurnished residential property, and an amount equal to three months’ rent, in the case of furnished residential property, in addition to any rent for the first month paid on or before initial occupancy.This subdivision does not prohibit an advance payment of not less than six months’ rent if the term of the lease is six months or longer.https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?

One contractor said moisture is coming through a hole in the exterior stucco, but another said no way because the vapor barrier would block it. 1st one recommended installing insulation, but I've also read this can increase condensation problems.

If that number is in excess of $150k, your passive losses will be suspended and carried forward.

;) I think what Shiloh is looking for is to expand by getting cash contributed towards downpayments and rehab budgets, which would require borrowing at ratios in excess of 100% LTC.