I try to be really conservative with my numbers so when that surprise comes up (notice I said when and not if) I will have some extra funds. 25k for rehab is the worst case scenario.

The other biggest benefit is, water habits don't typically change, so if you see that water usage raises by 3500 gallons a month, good clue that extra people have moved in...

I don't see anyone risking so much liability for an extra $5k.

I guess you do your homework upfront and only get it low enough to cover extra problems. 

I still am working a full time job but have been spending every extra moment possible reading and learning all that I can.

We have about 40k in cash but will need to pull from a HELOC for the extra which we'd rather not do.  

My parents have a property with an extra unit that I can stay for free and I don't have any real estate in my name.

They may have corrected the problem since video was made.Also landlordlocks can make it much harder for tenant to rekey locks or make extra keys for their "subletees".Do the 9 doors all need keyed locks?  

I believe you only have to live this way for 1 year. totaly worth it for an extra 600 bucks a month

Any good takeaways on renting horse stalls on investment property with a few extra acres?