But if things change and they decide to start raising again and rates go up, then this will tend to kill most projections on these sorts of deals.Is there a reserve in the proforma to cover the unexpected (which happens more often than most people would like)?

Whatever you decide upon, you want to find a number you are comfortable with so when a large, unexpected expense comes along you can shrug it off.I can't speak to the water and sewer, but you may be able to have the realtor speak with the current owner to get some actual figures, or you might be lucky enough that these are on separate meters. 

Just be careful, as an investor did report recently that the Roofstock inspection did not catch everything that he expected it to any had unexpected extra expenses.

Sometimes HELOCs are left open by accident... when they are paid to a $0 balance they are not closed unless the borrower expressly tells the bank to close the account.

Assuming this is her plan and not the accident she claims, advice?

Do you see it as a cash flow windfall that was "unexpected but appreciated" at the end of the year?

Broadley shared a story of a successful doctor that ultimately lost his fortune and his lifestyle due to a family that sued him for his secretary’s driving accident that caused the death of two teenaged sisters.

. :)  Sioux Falls has felt very safe which has been nice and why this situation was unexpected...

Without advance planning, you will waste valuable time scrambling for a new direction with something unexpected happens.

What happens if you have to do repairs to a house or something unexpectedly breaks or your tenant moves out and you have a vacancy.