Exit strategy is to sell at the end of said period and buy another new construction at that time.Obviously, one should have ample cash reserves as anything can (and will) happen, but literally budget Zero for CapEx.Additionally, one should be able to budget a relatively smaller monthly / annual amount for repairs and deferred maintenance.My real experience closely mirrors this.We built a house ($155K in A/B+ Dayton, OH area) in 1997. 

That's funds who could literally burn a million $ for a weekend weenie roast, and they say it's too much risk. 

I went back a couple weeks later to "check on the fixed sink", at that point i dont think she thought i was anything other than the maintenance guy, but i tried to speak with her about the situation and come to an agreement but she literally told me she "did not wanna talk about it" and when said "well your 4 months behind on rent I think we need to figure something out here", she started screaming at me and told me to "get the F*** out of her apartment" and then ended up calling the cops on me because i was standing there trying to de-escalate the situation but not leaving her apartment. i ended up leaving before they got there and didn't end up talking to them.

It's literally pointless to try to achieve reason or rational behavior from our NY State legislature.

My mother is selling the farm, literally.

Limits on tenant screening, source of income and financial profile protections, eviction record sealing, mandated mediation and payment plans for people who fell behind and making eviction literally the last possible option except in cases where the renter is putting the lives of others in danger”Who builds the houses?

I have a few of these under contract right now and literally writing an offer up this evening on another.

Most insurance companies won't insure knob and tube and if you are new and thinking of leaving knob and tube in an existing house, you are literally playing with fire.

Exit strategy is to sell at the end of said period and buy another new construction at that time.Obviously, one should have ample cash reserves as anything can (and will) happen, but literally budget Zero for CapEx.Additionally, one should be able to budget a relatively smaller monthly / annual amount for repairs and deferred maintenance.My real experience closely mirrors this.We built a house ($155K in A Zone in Dayton, OH area) in 1997. 

The reality is, my wife and have literally 0 time with our personal/prof. lives to do this on our own and its much more efficient for us to outsource this.