Don't spend it on stupid things or you will not have it for the things that you need or want such as chewing gum or a big gulp from 7 Eleven or a candy bar.

You need to assess your qualifications beyond cash in the bank and look at skills, credit, network, etc.Picking a location because it cash flows but is someplace you have no connection, understanding, required expert land lording, etc. could be a premature end to your career.

so someone can apply for an OWNER Occupied loan (they’re like 2.5% for 30 years and many people are looking for house hacking opportunities.) usually I ask for some kind of non refundable EMD if I have to get one or more tenants to move out prematurely.

I have a few selected to potentially invest in, but I'm worried about pulling the trigger prematurely and then underestimating my repair costs and completely bottoming out.

They can only call the loans due prematurity if I default.I'm hesitant to give up my conventional loans on the next cash out refinance for DSCR loans.

The more I dig into their SEC filings, the more I think it is premature to talk bankruptcy.

Even if you determine the tenant is to blame for it needing to be painted prematurely, you can't charge 100% of the cost.

Drywall repair, deep cleans, replacing flooring prematurely, potentially pet damage, etc. 

Locally my RE investor pool consists of people who haven’t gone quite as far down the path as I have or people who built property on land they bought for $52 and a pack of gum in 1672 When I’ve sought guidance or even opinions online I end up being pitched a sales program or on the phone with a 20 year old kid who read a real estate terms dictionary but hasn’t actually done any of it. 

If somebody purchases a home and wants to make sure the mortgage gets paid off if they died pre maturely, do you think permanent or term life insurance would be the better fit?