It teaches you a lot and prepares you to get into bigger and more complicated things in the future.What would be realistic amount to have ready for an investment on a property?

@Wesley W.thank you for your response my lease does state all common areas must remain free from any personal belongings as well as they assume liability to any left or damage to personal property in carports and driveways.Should I call are for claims lawyers in preparation for a possible case

This prepares the Owner for possible funding shortage due to the vacancy, and prepare if we have previously strategized about upgrades or renovation for the unit.

Was this luck, or opportunity meeting preparation?

We are preparing to close on both in the next week or so.

. $3,000 is a ways off it may be unlikely that you will cash flow for a while just be prepared for that4.

We have some of both (going through year end paperwork) and wanted to see if what we are spending is justified or can be leveled out possibly saving some money in the process.ThanksAndy Andy, the question is are you prepared and comfortable with the risk of an ACV policy?  

I am preparing myself to buy my second property (currently house hacking), but my local market is extremely expensive.

Now I knew there would be some networking and I was prepared for that but I didn't think so much time would be devoted to it.

But you should prepare an iron-clad partnership agreement.Don't be surprised if he wants more than 35%.