We are heading out of the country for a 21 day vacation and I am thinking ahead to make sure I have proper arrangements for managing our properties and in particular attending to any emergencies while we are away.

I specialize in assisted-living facilities, and was considering that as a possibility.Bill- It's been vacant since January, allegedly because of a medical emergency-type issue.Nik- It would have to be all cash, as all the banks I have spoken to say no way!

Like medical insurance, company vehicles, having passive income as well as regular income from flips, etc. 

At 3am, does the PM have the authority to pay $200 of your money to a plumber for an emergency fix?

We have emergency funds for our emergency funds. 

I've done business with one other PM in Milwaukee who has been doing a satisfactory job managing one of my properties who could keep things afloat in an emergency.

In recent years “shadow banks” have emerged to provide credit in the form of trusts, leasing companies, money-market funds, and others.

Luckily, we have our emergency fund in place.Marcos,I will be reading the RLTO guidelines in depth after I finish studying for my LEED exam next week.

Hi everybody,I'm really excited to join BiggerPockets which I found out about through investfourmore.comI've a full time job at a consulting firm in downtown Houston, however I'm trying to get into REI part-time.My wife and I currently have 2 rentals - one in medical center and other in downtown houston.Originally from India, my parents always taught me to save and invest in real estate whenever I could.

I currently work in the medical field in different hospitals in the Bay Area.