We also utilize 0%-introductory-interest-rate cards and 0%-balance-transfer cards to handle some of our emergency financing.

If there is an emergency down the road how are you able to afford it?

I don't plan to use it but it's prudent emergency liquidity for other stuff in the works. 

Except in the event of an emergency, no repairs, decorating or alterations shall be done by Tenant without Owner’s prior written consent.

But, if you’re an investor who wants to be on the forefront of emerging markets and you’re willing to assume the risks that accompany this, South LA may be for you.That’s all, folks.

Just curious, cause you mention economic concern (election), how many months is your emergency fund?

Here is my dilemma:  Once I sell my current house, I could pay off the new house and still leave me with 3-6 months of emergency funds, or put the 20% down and have a very manageable mortgage and keep more liquid funds. 

The demographics within the population are different, but the city has been emerging for some years with developers revamping the urban areas with luxury homes and condos.

If you don't have the reserves left over in case of emergency, then it's definitely not worth holding on to as a major capex or a couple more evictions would easily sink you.

That $200 times 3 months is not going to add up to $8,000, and these are the very same people who have very small emergency funds to begin with.