If there is an emergency that endangers people or your property, you have the authority to enter without giving notice first.

Leverage is always great - staying liquid is always better; if you need access to emergency funds - you will need time to refinance and pull cash out of a property and you're limited to the amount that you can take out.

Hi all, my team and I have over 1500 units and are closing up another 80 unit deal in an emerging market in Vicksburg, MS currently [506(b) offering].

My accountant only cited the 2/5 yr exemption when I asked her, so looking for for advice and maybe a new accountant. https://www.irs.gov/publicatio...Yes - There is a potential section 121 exclusion for those moving because of employment, medical or 'unforeseen circumstances'.best of luck 

Setup a HELOC, personal LOC, business LOC, etc. so you have liquid reserves for not only getting your investing going, but for emergencies as well.Looks like you are in a great position, but don’t let off the gas too early!

-Three proposed Wa state anti-landlord bills;HB 1236, SB 5139, SB 5160 Eviction Ban Bill -SB 5160 also mandates that housing providers renew any rental agreement or month-to-month tenancy for 2 years after the end of the emergency period ends, unless the property owner sells the unit, or moves into the unit themselves. 

I'm in SoCal and I love my family that I live with but I feel like I'll be stuck renting my whole life if I stay and forever be putting my paycheck towards expenses and savings would just be enough for emergencies.

We have to wait until 2 TWO MONTHS AFTER the end of the public health emergency!

I’m probably not your normal BP user here, and only started dabbling on real estate after tried and true conventional finance folks wisdom was completed (emergency fund, 401k, HSA, Roth IRA etc) were maxed out before I throw money into real estate.

Our goal is to simply have an emergency / opportunity line of credit just in case.