There needs to be some funds on hand for emergency repairs and annual operations if any.Beyond that, they should look to 1. invest the lion's share to the date of expected repairs or 2. split into staggered maturity distribution so that significant amounts (like 25/30k) come due as funds are required.

This cash is separate from our emergency fund (which we don't touch), so this isn't something that would leave us without a lifeline.My question is this: should I pay down the mortgage or use the cash to further leverage myself with additional units?

True story regarding rose bushes....I have a nurse friend and when we go up to Atlanta we trade ER/hospital horror stories (we both work in the medical field).She tells me the story of a fellow who is out working in his rose garden, trips, falls forward right on a thick cane of a rose bush that pierces his orbital cavity (the space above one eye).

She is seeking assistance from the "Legal aid society" and presents me with a letter from a doctor that states the following:"Over the years, she (the tenant) has been somewhat depressed despite the medications I provide for her.

If they are your employee then worker's comp pays for their medical bills if you participate and pay your WC premium.

Sure, we could tap our emergency savings and put a little down on the house, but I wouldn’t want to deplete saving too much.

There are always diamonds in the rough if you look but I am not sure by finding just those diamonds a robust business will emerge.

- do you listen to the tenant's sad stories or excuses and work a payment plan or arrangement or do you issue the late notice immediately and start the eviction processRent Collection- how do you collect the rent- how do you track late fees- do you bill or invoice the tenant for their upcoming rent- do you accept cash as rentsRepairs and maintenance- how do you pay your contractors- what is an emergency repair item to you- how do you respond to repairs and maintenance requests- do you keep a repair log?

Also, I had to use a day of sick leave for my job that I would not have used otherwise, because I was saving it for an emergency.

., a bunch of medical bills, death of a spouse, forced relocation because of your job, they may be more cooperative.Since you have four years, one choice, albeit not a pleasant one, is to kick in an extra $1000 each month until you sell.