The family is likely in a crisis and may not have a few thousand dollars to spend on an unexpected security deposit.

Outside attacks (from your personal self-- like you causing a car accident and them coming for your assets); protect these with other insurance and a personal umbrella policy

Whether it's an unexpected repair or a shift in market conditions, flexibility and resourcefulness are your greatest assets.6.

Core cutters cut cable by accident in support of plumbers repairing drains.

Had an accident at the business, was sued for $3 million and had only $1 million coverage, just the S Corp., and no coverage for himself personally.

This way I would avoid all fees going through the private financing and broker fees to get started* would be also aiming always for an VTB with the owner for me to have emergency funds in case of any unexpected issues 

Back up back up, Cash App but I don’t really like it because it don’t confirm a send and so I’ve sent money to the wrong person on accident

Unexpected rehab costs causing budget to go over, 2.

Would you have any reserves for unexpected capex items?

Make sure if you are putting down roughly $50-70k after down payment and fees, that you still have reserves for vacancy, unexpected repairs, etc.