On the other hand, if you don't have an identified use for the money but want it "just in case" (like for big repairs or something that might come up unexpectedly), then a HELOC may be the best option because it's just a line of credit that will be there when you need it but you don't have to pay interest when you're not using it.

Hello everyone and thank you for taking the time to read.I will begin with my picture being upside down, although an accident, it seems fitting at the moment.

I will definitely be putting the positive cashflow away for the unexpected costs down the line. 

I was told by an insurance friend that once I do that, my vehicle becomes commercial and if I didnt disclose to insurance company and became involved in an accident, there could be some problems paying out a claim, etc.Thoughts?  

Pittsburgh ultimately places water responsibility on the landlord so be aware of the potential for an unexpected backlog! 

I have had to develop payment plans with a tenant with unexpected medical expenses that came before rent.

Despite a few unexpected hiccups throughout the rehab, it went exactly as planned. 

That sounds terrible.in 2002 Vine City in Atlanta had major flooding, due to an unexpected rain storm and an old sewage system.

I don't think I ever misused the right but maybe I did by accident.

You want to be sure that you have good comps and allow for some unexpected costs in repairs.I would also read J Scott's material and visit his website.