That included my personal emergency fund. 

We will put that $95,000 into the emergency fund and continue to save money until our next purchase.

With that comes knowledge of the law, experience, skilled screening and selection, established policies and procedures that prevent problems or nip them in the bud, professional marketing, and so much more.

@Spencer Herrick Do you have an emergency contact.

Plan for Economic Downturns- Emergency Fund: Maintain a cash reserve to cover unexpected expenses and vacancies.- Diversification: Diversify your investments to reduce risk, including different geographic locations and property types.Your excellent credit score, lack of personal debt, and existing portfolio put you in a strong position to expand.

That pot of gold you are eye balling for 2060 is only a few natural disasters, recessions, market melt downs, health problems or unexpected emergencies away from expurgation.

Attorney’s were not allowed to accept contingent fees, attorney’s were prohibited from advertising, attorney’s were prohibited from pursuing and filing frivolous lawsuits, and lawsuits were limited by strict rules of Civil Procedures.

My thoughts:  The HELOC might be a good emergency fund, but basically it is a large credit card.  

Long term investment capital and “emergency” funds to endure when things don’t go as planned.7.

Some states have gone beyond this and now require certain procedures and discloses be made in any wholesale transaction.