The crash of 2008 happened as a flash flood, but the excesses were bottle necked over a long period of fiscal irresponsibility. 

Taking on excess consumer debt, not knowing your numbers inside and out, and a lack of an emergency fund while getting into your first rehab is a recipe for disaster.

However, I have many controls to prevent overuse of utilities (locked thermostat, fees for excessive electric consumption, hot water in certain hours).

But these deals are in excess of $250,000.00 ...I don't have that to even borrow short term.

Billion dollar parent company in Japan did not want to be a landlord just wanted excess dark property off the books.

 $200k+ minus furnishing costs on a mansion size place that probably was excess of $50k that you likely would be lucky to get 30% of value still leaves $150k+ for 10 months.  

Brandon, where I'm at we've got a lot of excess overbuilding and a local property manager was complaining to me how his absentee owners were calling him and yelling WHY CAN'T YOU RENT MY PLACE!

I was not saying that an umbrella/excess liability policy could not be obtained for your purposes (or for an s corp.

I think to answer your question of is there an amount that is excessive to have in cash reserves should be answered by the location you are buying into and what other investors are doing in that area.

I paid a $300 fine earlier in the year.I want to ask1) Isn't $2,000 a little excessive?