It means there is normally someone on duty all the time too as one of the team can handle an unexpected situation and make sure the right person gets to sort it properly later.

Then we back into the number by subtracting out our required return, the cost of capital/carrying costs, closing costs on both the buy and sell side, real estate commissions, the scope of work cost from the contractor, and then we build in about a 10% contingency reserve for issues that might unexpectedly pop up.

With any rehab, you tend to have surprises but for the most part if you're planning 20% for unexpected work (25% in this case), that's pretty good buffer, and even buffer if not needed. 

So with tool rentals and extra man hours we’re about a $1,000 into this project and this is all we’ve accomplished….This patio just "reinforces" the fact, that when remodeling...expect the unexpected! 

Now you need an outlet for every six feet or continuous wall.

plugged into a coaxial outlet, and all of those over-the-air local channels are now paired with "cable" and broadcast on the SlingTV app in TV

It's a story filled with trenching, tricky licenses, and unexpected expenses.

Will need to remove everything from the house, open up every outlet and switch cover, then heat the house up w a giant furnace thats on a truck to kill all the bugs. 

Either way, Ed has done a poor job and is at least partially responsible for the tenant moving out. Let’s

I would say to save money for down payment, closing costs,  move in, and have cash reserves for unexpected things.