Other people will suggest having a few months (3-6) worth of expenses to cover vacancies and any general things that may pop up.

If you plan to hold you most likely won't sell sooner than 2 years unless something pops up.

And if I have an audit, I just need to click on my book links and the receipt pop up.You of course need a proper digital backup plan for all your data, but it is no different than if a flood, a fire or rodents destroy your paper archive.Last but not least, when I am not home or traveling, I can still access all of them from my laptop.I am doing the same with all my bank statements: I am downloading them religiously every month.

Many vacation rentals popped up here. 

But if you are competing with all the new skinny and talls popping up everywhere....then that won't work!

Still though doesn’t change the overall premise, this looks like a “YOLO” purchase, and honestly this confirms to me that the bubble is likely popping now. 

For example, it won't work if you try to run a mom-and-pop do-everything yourself operation.

Should I move back in with my parents for a bit and see if sometimes pops up that I like?

The third problem is that a lot of them don't view communicating with and educating the homebuyer during the inspection as being part of the job (there's a reason i'm spending the day following you around as you go about your inspection).Wow - you're just wrong on so much....1) The majority of Inspectors are talented and honest and a good Realtor (that's who recommends them) would much rather know about all issues up front rather than have them pop up later2) Another erroneous assumption...3) No decent Inspector will allow a homeowner to follow them around for the inspection.

What if the market changes and foreclosures start popping up in the community where my houses are located...will this affect the value of my property and my ability to use my desired strategy?