It acts as an emergency fund In my opinion while it’s not deployed anywhere, and god for bid you have a large capex item go that you might not be 100% prepared for and you can resolve it immediately.

I like HELOCs for emergency funds.  

.- Buy with cash and only invest what you don't need for any emergency.- Build with cash and slowly for a strong foundation.- After 3-4 years, look at using leverage to speed up portfolio growth.- Always own 50% of portfolio with cash owned properties.Portfolio should then be secure and cashflow positive.Just my opinion 😁

This fluctuates greatly when starting out and it usually takes 3-4 years before I actually get around $15,000 saved up in each property’s account as a solid reserve for emergency funds.

Is it worth it with less than $100k+ for a downpayment, plus closing cost, vacancy, renovations, etc Also, that's all my savings, which means my Emergency fund will be depleted.

You need to either get rid of him ASAP somehow (lease violation or speak to his emergency contact/family member) or get out of there yourself.

And that doesn’t mention the variety of illegal and dubiously legal schemes they’ve engaged in over the years.But of late, an almost bipartisan chorus has emerged amongst critics of high finance: Wall Street is buying up houses across the country to drive up prices and making homeownership unaffordable for most Americans.Senator Elizabeth Warren, like many Democrats, accuses Wall Street of “hoovering up a significant chunk of the housing market.”But many Republicans have also been saying similar things.

Establish an emergency fund, manage your debt, and save for a down payment to lay the groundwork for your financial future.

Grasping the macroeconomic narrative, identifying opportunities in emerging markets, and keeping a pulse on real estate dynamics stand out as critical maneuvers.

They've just emerged from the cocoon of protection from bad feelings, bad words and being disappointed.