Emergency (Additional living expense stipends or ALE)9.

Luck was on my side when the winning bid's financing fell through, giving me a second chance to bid, and this time, I emerged as the proud owner of the property.

I have enough saved to do 20%, cover costs of updating, and have a decent emergency fund but I’m not sure if that is the correct strategy if I want to buy a second house down the line and repeat or pay the extra $200 a month increase with putting only 10% down.any advice would be appreciated!

I signed up to rentredi for a test drive and saw an option where they offer an add on option, one for an emergency maintenance service for 15/unit/month and one for a  full coordination service for 25 /unit/month.

I truly believe that these areas are an emerging market and the price is right. 

I'm not too proud to clean bathrooms, Clean dog messes out of back yards, scrape and paint windowsills, take the dog for a walk so an inspector can get in or any of the other things that "pop up" (All of which I have done for my principal in an emergency). 

Eliminating recurring consumer debt to a manageable level if not completely, and budgeting.For example, clearing that $800 in CC debt or personal loan is better than seeking a property with cash flow of 300 dollars.Starting from a lean budget with a 3-6 month emergency fund is more plausible.

I also seed these accounts from the beginning with a few thousand dollars, depending on what you might think is an appropriate amount for emergency funds. 

I invest in emerging markets.

It never fails to amaze me about what a tenant can't deal with or considers an emergency.