.- Emergency housing allocation of $10 billion.

It may not be your best bet for a buy and hold. but it can come in handy for renovation dollars and having an emergency fund. 

Oh and I do have my 6 months emergency fund in SAV account. 401k at my job and I purchase in 2 monthly installments of $150 each a REIT through an online DRIP.

And to answer the question above yes, I still have a manual lockbox for emergencies.

Hi Dinesh,At the end of February, The City of Jacksonville announced a $28.9 million grant from the federal Emergency Rental Assistance Program to help Duval County residents affected by the pandemic. $23.8 million will be for rental assistance and the remaining $5 million will be available to cover past due utilities.

It has a reputed medical school, it is a popular Caribbean vacation spot too.

Stacking the ARM trick on top is especially popular as a special loan just for medical doctors, basically taking advantage of the fact that their 10 years in school didn't include any personal finance 101 component. 

Our company is looking to jump into commercial RE with a focus on transitioning retail strip malls into medical districts that can refer to one another (dentistry is our niche).

A dig into the details shows higher prices for medical care, recreation, and motor vehicle insurance were offset by lower costs for airfare, apparel, and used autos.

@Jack B. there are lots of alternative and "break glass in case of emergency" 1031 options.