If one unexpected thing goes wrong, and you are in big trouble.

This was unexpected because, even after the initial introductory period was over back when I first obtained the credit line, the bank continued to offer the 0% promotions again and again for years.

Plus, you'll want to create an upfront operating account of 1% to 5% of the purchase price to cover unexpected expenses before you've accumulated enough money for the $250 to $300 savings.For SFRs or smaller multifamily, as you said, it depends.

I know that any distributions from my IRA is a taxable event subject to income taxation, but I just want to make sure that transferring from an inherited IRA to a self-directed IRA does not generate unexpected tax implications (because I'm simply transferring between slightly different IRA accounts and custodians and not taking any distributions).  

He was healthy but died unexpectedly of a heart attack and the company refused to pay off the car due to some technicality I cried the rest of that day and decided at that moment I was out of there, I couldn't live with being a part of that. 

As mentioned $100/door might not provide enough to alleviate from unexpected events (even assuming capex, vacancy, etc is included in expenses).

This was good to see because this happens often and we have to be able to be problem solvers or plan for unexpected changes.  

But the conversation was so unexpected that I didn’t have the numbers with me.)Part of me wants to tell him to hit the road.

Save some reserve to handle the inevitable issues that will pop up after closing (vacancy, unexpected maintenance, etc.)

Something to know BEFORE creating a contract for sure.Just saw a video of young couple who bought SFH in North fL; principle and interest was 460 or 560 / mo ; so that was affordable but then because they were financing the property there was additional unexpected 100. / mo flood insurance.