Originally posted by @Derek E.

@Candace Wiley - While you will not have to file a separate return for the vacation rental, you will have to include it on either Schedule E or Schedule C of your personal return depending on a few factors and the circumstances revolving around the services provided to your tenants.  

That money is liquid, FDIC insured and accessible thru an ATM if you need it.That said, proper asset allocation that matches your timeline is a always good strategy and if you have a solid RE portfolio with tenants who remain in your units despite the economic environment, a recession should be below a few other things on your list of things to spend your time worrying about.In terms of pouncing on a property when the market cools, I'd recommend continued trust in whatever deal analysis method you use.

Lumber liquidators has a similar brand called Tranquility.

@Brad E. , common mistake to make to not get them signed.

I am able to put significant liquid and real estate assets down on my PFS, but all they cared about was my DTI.After almost saying fugetaboutit, I went ahead and paid off a commercial 11-unit that had a $1696 payment but only a $64k balance.  

If you're running a tight deal already, then switch and change can increase cost, resulting in simply running out of liquid funding.  

Think E*Trade with different paperwork capable of investing in real estate, etc. 

That same Market Analysis may show you "not" to invest where you think you want to.3 - These are not E/E Strategies.  

It's not a lot of money, it's just "something e" to