Liquidity remains thin, amplifying intraday volatility.Mortgages continue to ease, with the current coupon UMBS up 3-4 ticks on the day.

If that's in the stock market, financial experts say that to be $500/mo.Stock market of course is liquid but I'll keep multiple six figs liquid just for safety.In a recession I'd sleep much better at night collecting monthly rent rather than have terrors about the stock market.

It’s smart to pause the general tile work until you know what the shower is going to require.Choose your waterproofing carefully.For long-term durability and minimal leaks, most investors go with:• Schluter Kerdi system (waterproof membrane)• Cement board + liquid waterproofing like RedGard or HydroBanEither option is miles better than DensShield once water intrusion has occurred.Don’t accept “we can just cover it.”Covering walkways doesn’t prevent vibration, dust, or demo impact.

Volume follows liquidity, not affordability. 

Co-mingling funds in a non-liquid investment can be messy.

LET'S GET INTO IT: I’m going to double down on something that ruffles feathers every single time I say it: if you don’t have at least $100,000 liquid and accessible, you’re not ready to flip houses.

So not for me, not now.Currently I'm micro purchasing cash deals at auction and liquidating as-is on market.  3 - 4 month deals as opposed to 12 - 18 months. 

They have some of the lowest fees out there, its a perpetual investment, offers liquidity, the ability to pull out your cost basis tax free, and the distribution rates in their I share REITs are paying about 6.3-6.8%.  

Read a bunch of BiggerPockets book as part of a course I took by Derek Moneyberg called Real Estate Riches.I live in Tokyo and want to invest in the Japanese market despite the many difficulties involved in the market here (depreciation, shrinking population, etc, deflation, etc.)I think the best way for me to get started is to buy a property in Central Tokyo and house hack, I have probably between 50k-100k liquid that I can use, but I'd like to get financing for a bigger property if possible. 

I think more people need the reality check that having no experience, AND no liquidity makes starting out extremely difficult.