Gold could fluctuate and create an unexpected short-term gain before you even deploy it into your long-term mix, which adds unnecessary tax complexity.I also love what Dave mentioned about reinvesting in properties your kids can live in during college.

The property had a prior renovation and currently has no problem tenants, but I’ve had a few unexpected expenses — $3,000 for a rat issue and $2,200 for damages left by a departing tenant.I also experienced a bad property manager who left one unit vacant for 4 months while I was deployed.

The numbers might look great on paper, but without trusted boots on the ground, deals can fall apart for all sorts of unexpected reasons.

I hole you've calculated your cost for this project just be prepared for  the unexpected.

One thing I didn't have is enough financial cushion for unexpected expenses.

Just don't expect the same relief from the city agencies as you alluded to in your post unless unexpected reform which I don't see occurring anytime soon.

This is unusual, as inventory typically rises in the fall as the peak spring/summer sale season ends.Sales - Median $/SF by MonthThe price per square foot recovered some from last month's unexpected drop, in line with the gradually decreasing inventory.Why invest in Las Vegas?

You are right to lean in with this unexpected change.

Also, assuming the assessment is unexpected and everything else is appropriately priced, is the reserve in the condominium normal for a small property of this size?

This would be essentially moving assets from the market to an appreciating real estate asset, but it's still a large increase to pivot to unexpectedly.