Account Closed I know my capital is limited, but that's all I have to work with at the time due to unexpected medical bills over the previous 2 years.

Additionally budgeting for trash pick-up and snow removal is helpful too)5% of gross rents for miscellaneous items (unexpected items that aren't always budgeted for, such as fees for running credit checks, or if you need to survey the property because of a title dispute, fees for hiring an accountant to keep your books in order, or some other random item).This is a more conservative estimate I use when getting an idea of expenses on a property... totaling about 40% of gross rent, and in this case, $800/mo. 

I work as a firefighter/paramedic and looking for other means of investing and retirement incomes God for bid I ever got injured or something happened. like you said want to put the minimum down to ensure a safe investment in case of unexpected expenses or economic down turn.

I want enough cash to be able to handle small "unexpected" (but should be expected) expenses.

Hello BPers,I have a high level question about how to handle unexpected work that wasn't a part of the initial SOW agreement between myself and a GC?

House flipping is all about the unexpected—but with flexibility and persistence the patient investor will find his, or her, way through the obstacles.

If you got into a horrible accident, God forbid, and you could never work again, what will be better for you?  

The black subway tile in the bath was an unexpected choice and it works very well!

Rather than putting an unexpected bill on a credit card you should have your 3-6 months of savings to use.  

This is my first post, so I thought I would start by giving a summary of what my wife and I have done to date:We pretty much got started investing by accident.