Now gotta be careful how it's written on the sales contract as can't be part of the value of the property, but rather listed as Chattel (Personal items to be left with the property)Think outside the box!  

However, your lender will retain first lien position, and you'll take the second lien.Note that most mortgages have a "due on sale" clause which gives the lender the right to call the note in the event the property is sold.

Are you saving for Cap Ex items down the road?

According to the Austin Board of Realtors (ABOR), last month was the best March on record for Austin with 2,714 single-family homes sold in the area.  

Just sold my oldest  rental unfortunetly, to pay off all credit cards!!....

I have 20k in liquid cash funds and probably about double if I sold my investments.

At that point it could be sold for FMV tax free or kept as a rental or whatever the heir wants to do including moving in there. 

Insurance will not cover any of the items you mentioned.

You could buy stage zero say for 200's and by the time stage 4 the last few homes are being sold prices are now in 300's.

It has been often suggested here and elsewhere to pursue something that keeps a toe in the water of the working world, as it limits the downside risks, and could turn into a fruitful enterprise for post-retirement.At the request of a friend and BP associate, I've been asked to provide expert opinion and electrical analysis on residential properties that are either on the market, or recently sold through his brokerage, as there are many customers who want a deeper look at their electrical system, deeper than what a typical home inspector will do, but they are not ready to ask a contractor to come out and simply give a blank check to 'fix whatever's wrong' (famous last words).