On the other hand, if my apartment complex starts to show falling yields I have total control over my response and have direct hands-on control of working to push the value back up. 

Don't give them their deposit back until the house is back up to the condition it was in before they moved in.   

For your house, it sounds like you can keep that on the back burner for a while and if there isn't a reason to move forward or accelerate that, then maybe that 's a good thing.

I am very conservative when it comes to money, so I want to insure that no matter what happens, I won't be put in a spot where I don't have the cash on hand to back up any issues that could arise with the property.

I'm in the process of starting my wholesailing company back up.

I have a qualified applicant thats a my backup, before I tell them they are 2nd place, I want steer them an alternative.income/credit/background verified

Trying to figure out a backup plan.Thanks in advance and appreciate all the advice.

Hi Biggger pockets my nam is Torrey Roddy Newbie from Chicago IL I be been a city bus driver for the past 18years looking to try something different real estate always instead me but never got in because one reason or another just went threw a devorice and looking to get back on my feet since the time I was married I put a lot of dreams on back burner I feel like now it's time to pick them up again and try what i always wanted to do was fix up and flip and own a few properties I need to know how to startmy credit not great and money is low do to the devorice just looking to bounce back for a better future any info can help thank you.

My goal is to save enough over the next few months and have a good back up before I purchase a home.

Do you've a backup plan if you can't sell it at your ARV?