It would take me a long time to rebuild my savings just to get a little bit of cash flow.I wouldn’t want you to run into an emergency, things not go well and have the one single event stop you from building your empire!

My current focus is to only purchase 4+ unit buildings so if vacancy or other mishaps occur we are still able to pay bills and expenses with the other units while keeping some cash flow. 

Try vinyl plank, linoleum, tile...Under sinks use scrap linoleum or flashing to direct water onto the floor in the event of a leak.

1) It is not yet clear but it seems that you will be grandfathered in at the time when the changes occur in regards to occupancy changes.2) Per AB-68:"(A) One accessory dwelling unit and one junior accessory dwelling unit per lot with a proposed or existing single-family dwelling if all of the following apply:(i) The accessory dwelling unit or junior accessory dwelling unit is within the proposed space of a single-family dwelling or existing space of a single-family dwelling or accessory structure and may include an expansion of not more than 150 square feet beyond the same physical dimensions as the existing accessory structure.

Look into the foreclosure laws for your state, so you know your rights as a lender in the event of default.

As a newbie here, I've gone to several free events, but haven't seen bigger pockets represented in Houston, TX.

@Diane Quigley Come to our women’s group January 29th Ft Lauderdale listed on events page.

@Cassie Montalvo Hope to see you at women’s real estate meeting, Broward January 29th, listed on BP events page.

So that expense is for you to decideI would put vacancy at 8.3% (or 1 month) as a conservative precaution in the event it takes a month to find a new tenant each yearAnd agreed above, please give us a better format to work with next time, we'd appreciate it so we can be more helpful!

Great to see the event in coming New Orleans.