Let the growing pains begin

Think of the pain you will have to go through if the town red tags your house after you have a seller and you are ready to close.  

The chronic late payers were not happy that we were enforcing timely payment and late fees.  

Not destructive, dangerous, etc but chronically late and always someone else's fault.  

In my case, I feel comfortable with $25K in reserves for my real estate and personal emergencies.Please do not tell me to invest in another property, stocks, and other non-liquid assets.I may be over thinking a low yield issue but it pains me that I am only getting 1.5% on my cash in the bank.Any ideas or perspective on this would be appreciated.

My experience: often this "offer" is made when a tenant is having difficulty coming up with rent, either short term or on a chronic basis.

If you have a problem tenant that is slow paying or you have to evict, it is nice to have income from other properties to ease the pain.

Cash: Cash may seem great, it's real and doesn't bounce, however, it usually means you have to meet your renter in person to collect which can be a pain and it's hard to keep track of.

So, in the end or up until now the pain was worth the gain, however if I could skip insurance claims I'd probably go back and do that.So I'm having an attitude problem and other things going on in my life, I realize in order to get out after hearing the likes of Gary Vaynerchuk and others on the BP podcasts, (though have to credit Vaynerchuk the most) I need an attitude adjustment. 

Driverless cars should reduce or eliminate the pain points of a long commute, but it's not likely to push major commercial development out of the urban core as aggressively (after-all, you need people/traffic in a close proximity for brick and mortar businesses to succeed).I imagine driverless cars will bring about some changes to the RE market, but I don't think they'll happen all that quickly.