Once you have your investing criteria established, you’ll have less concerns and reservations about your next steps with any asset because now, your criteria supports your why.

Gothca  I have lived and been working in real estate through 3 mid level corrections and one Massive that we all went through 08 to 2011.. and each was for a different reason.. and as such  the next will be something we probably have not thought about or what have you.. although in reality as I look at my business and how business has been transacted the last 10 years.so much inventory was bought with cash ( smart people LOL) and lenders finally figured out 100% liar loans were not to bright either ( finally got it cost them trillions but they finally got it)So the only ones I think that are really in any kind of peril in a drop is this new crop of investor who does max leverage and refi to you die and is too aggressive in building a portfolio over short span and does not really have the expeirnce or never lived or worked through a correction and does not have proper reserves to weather a correction.others will be just fine.. so many more investors ( other than the BP got to have max leverage or your an idiot crowd) are in fine shape and so I don't see a big crash coming but no question we correct we slow down..you will always have the community were the major employer fled leaving things not so rosy or the base closing or on the flip side areas like Charleston SC that's just steaming ahead billions upon Billions of dollar flowing in for new jobs and factorys  IE Boeing  Volvo  BMW  Mercedes etc etc. but you rarely hear investors on BP talk about that market because it does not cash flow ( minimum down max leverage) like other mid west markets.. so we will see..

Also, carry large cash reserves (more than you think right now).

Also, what type of reserves will they require, since those reserves can effect your deal underwriting and overall performance?

Home warranty companies are a pain in the butt to deal with but I would recommend purchasing one to youto CYA in case something major happens, considering you have inadequate reserves.

You would definitely create some cashflow at the expense of appreciation, and you would want to be sure that you have enough reserves to cover 3-6 months of mortgage payments and basic utilities if it goes unrented etc. 

So a HELOC will at least help with any down payments, renovations, or even just reserves. - I used Pentagon FCU for my HELOC on my Duplex in Texas. 

Interesting read...I'm considering contacting MorrisInvest myself but have reservations about it. 45k for a house sounds alittle "too" cheap :P

As we look forward to 2023, there appears to be a discrepancy between the perceived tail risk of inflation by some investors and the expectations for inflation as reported by the Federal Reserve Bank of St.

I personally would invest maybe $400,000 to go ahead and purchase two multi families(preferably quads) at the $800,000 pricepoint.Sit on the $130,000 as reserves just incase you need to fix up anything in the house.Consider putting some of your future cash-flow into 529 plans for when your children plan to attend college.You should be eligible for social security in 10-15 yearsYou can also start out taking money from your 457 planAll in all, if everything is nice and dandy, you should be able to factor in $15,000 a month in gross revenue from your pension, social security, rental income, 457 account distributions.Best of luck