I would keep at least $5k - $10k in the bank per house for unexpected repairs/vacancies/etc.

Don't waste time and money looking for heirs that may not even be named as beneficiaries of the trust and who may not have the power to sell the property even if they could be located.  

Greetings everyone,I'm new to real estate investing in the Washington, DC area, however I understand the importance and power of having a exceptional team.

Constructed by a professional, such a cool and powerful estate planning tool.

Are there any areas you refuse to invest in because of the city planning department powers that be are just impractical to work with?

Condos can be profitable but the margin is slim and hence one or two overages or unexpected deals can eat up your profits quickly.

They have been so low for so long and I believe the main reason they had not gone up previously is because of the election.Raising rates will lower peoples' buying power and buyers will be approved for less of a home for the same income.From what I am hearing the bond market has taken a big hit since the election and rates have already gone up and are expected to go up again in Dec.

Powerful stuff.

Knowledge is power and those with it will do well because others will not follow (psst: you just gave away a nice niche secret).

I realize that a cash-out refi will decrease cash flow but taking out the equity provides more buying power to increase the portfolio...OR do I just sell one of the rentals to repurchase?