As painful as this is.. this is a wake up call to buy and hold investors that reserves are a MUST not just something to gloss over.. if you never use them that's great but if you need them you don't have to panic.In one thread a person was talking to their lender.. and the lender said well U should be stacking cash so you can pay your mortgage and you should put off capital improvements..

, FAR (floor area ratio which is the max SF for the lot), lot occupancy (how much area can the building take up on the lot), green area ratio or pervious surfaces (a lot of places now require soft scale or where water can collect and not drain to the storm drain), parking requirement per unit (can the parking be offset if near public transportation), affordable housing, any view corridors to preserve, is it a historical neighborhood, minimum size per unit, and any public enhancements required?

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I have very similar views to @Scott TrenchI'm a buy and hold rental investor with a goal of buying 1 to 2 properties a year until I get to $20,000/mo in gross rents.My financial plan is simple and I divide it into different categories:6 months of personal living expenses as cash in the bank.

Do you think tenants view the landlord as a person or a business?

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I recently viewed a 1BD, 1B/1BD, 1B duplex that's not in the best part of town, but the price was enticing because I could survive if I can't find a tenant or the unit becomes vacant.

It is my understanding that the borrower gets a risk rating and each loan gets a risk rating and certain events can cause you or the loan be moved into a more or less riskier category and that that could impact how your loan is viewed and treated by the bank.When I asked questions, I kind of got the impression that the risk evaluation and underwriting criteria were confidential and not generally disclosed.

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