While your savings will save you during emergencies, investments will generate better financial opportunities.

Let them know you appreciate them reaching out for help, which is better than not being able to pay.In the past six months, I've had about 40 tenants apply for rental assistance through the COVID Emergency Rental Assistance Program.

The five county region saw a 10% decrease in new listings compared to January of the preceding year and a 17% increase from the preceding month.It may be prudent to note emerging trends when considering the critically low levels of housing inventory and the influx of job creation and population growth.

Installation can vary significantly as well, particularly if you are paying for emergency service. 

I have cash for a purchase but it's a minimal amount and I'd rather preserve it best I can for my own emergencies/6 months of expenses given my line of work at my W2 job - Firefighter.  

I want to keep around half of that in my ETF and emergency fund, but i'm flexible.

>Tenant Procurement/Placement – could be percent of monthly rent or a flat feePictures, 3D Tours, etcAdvertising prep and determining market rentProperty advertisingAnswering inquiries (phone/text/emails/etc)Scheduling showingsShowingsApplication processingLease signings and MoveInsFollowing up on all of the above, hopefully consistently updating owners>Maintenance ChargesCommon: owner agrees in contract that PMC can perform work without owner approval up to a certain threshold (Example $500) or in an emergency.Questionable: owner doesn’t find out about charges below threshold until they get their monthly statement.Hourly – PMC bills at hourly rate depending on type of ServiceTech sentEXAMPLE: Owner billed at $65/hour for handyman workMarkup is hidden in that rate as highly unlikely PMC is paying their handyman the whole $65/hour.PMC or a subsidiary billing – PMC submits bill from their companyEXAMPLE: Owner receives a bill for licensed HVAC work on PMC form.Owner does not get the licensed mechanical contractor bill, so has no idea of PMC hidden markupTransparent – original bills from all contractors sent to owner, PMC charges a pre-approved markup for their time to handle.EXAMPLE: Owner receives a bill for licensed HVAC work on contractor’s form.Only challenge is some PMC’s get illegal kickbacks from contractors owners don’t seeThere are then many different IF -> THEN fees to cover evictions, emergencies, filing insurance claims, etc.WARNING: never assume you won’t be charged for something unless it states so in the management contract!

Yes, there are other clauses for emergency-type issues and if I am going to market it. 

Just make sure your global LTV is low enough that you can refinance something in case of emergency and 6 months of reserves per property is a MUST. 

With either one, I would still have a year of reserves in the bank (and only ever use for emergencies)I don't mind not getting my primary place for couple more years but now I am thinking I might get priced out of my area.