However, I have that foundation of initial cash reserves stashed away at all times as things WILL happen and always do.

Luckily at that time I had just enough money stashed in my savings to get us through.

The tenant pays the property tax bill, insurance, repairs, short and long term deferred maintenance on all building systems directly -- you collect a rent check and stash some of the proceeds in a capital reserve -You can still get good deals in the 6-7 cap range in strong MSAs with healthy population and job growth rates -Attractive financing available -- you can still get 7-year fixed money around 4.25%, 25-30 year am, and 10-year money at 4.5%, 25-30, for good quality deals Pitfalls to look out for:-Avoid franchisee deals like the plague -Ensure that the guaranty language is rock solid and that the parent company's balance sheet and operating history is strong -Ensure that your lender will accept a very high property insurance deductible -- many of these big national companies are effectively self-insured in this regard -Avoid deals in which the tenant is paying an above market rental rate that's out of line with competing retail space in the immediate vicinity -Try to focus on "daily needs" tenants that sell perishable goods which will make them less susceptible to "the Amazon effect," at least in the short term.

Stash cash that you save by living cheaply and as below your means as possible, purchase additional units with that cash, and delay moving out of your house-hack as long as practicable"I'm interested in what the BP community has to share here.

First, see if you can dig up the thread from a couple days ago about "Stashing Cash Away."

I'm basically looking to stash my cash into something that COULD eventually provide enough income to retire young (my ultimate goal).

Its not putting me in the poor house and I'm still stashing some money away to purchase and investment property and don't want a damaed crdit score when that time comes.

and stash for additional cash reserves.Concerned in the current politicized and medical climate there may be a mutation or relapse (or MSM-fueled rumors of them) which could chill the market again in the Fall or Winter.

I am not sure if this is the right way to go since I don't have a stash of cash laying around.

Going forward, get a decent stash of cash for making downpayments/purchases and reserves.