So keep some reserves to ride out the storm and hopefully we'll all be excelling on the other side. 

Unless you have a 6-12 month reserve for your portfolio, you might want to scale back on maintenance and non-essential spending.

That add'l cash could be saved to ensure you have a healthy reserve (super important esp in times like were facing right now) or to invest in another property.

Just be sure to have extra reserves to carry you through the tough times long-term investors I would continue to move forward.

Some will buy for the sake of buying without adequate reserves.

Luckily I have tons of cash reserves and am just months away from being able to pay them all off if I elect to do so.

Hi Jose,I'll answer the question I think you're asking vs exactly what you wrote.Larger than 4 unit Investment property takes typically 20% down, plus closing costs, and possibly attorney fees.You will probably need cash reserves (as dictated by the lender) and to pay for specific fix ups by a certain date after the closing date (as dictated by the lender and possibly the insurance company) in addition to any improvements you intend to make.Roof age can make lenders balk at lending--so pay attention to that.

Seeing what the people who do it everyday this about the numbers.Purchase price: 75,000Loan amount: 60,000 after 20% downMortgage: $475 w/ taxes and insuranceRent: 850/monthVacancy loss at 8%3 month reserves set aside plus additional 3,000 for Capex.

Do you see any grocery stores giving away food for free?

If you aren't over leveraged and have the reserves, there should be no reason why you can't pay the mortgage.