I think it is prudent to save up that money with the $20K and let it grow if you can to save for any potential 6 months of expenses.One thing I may recommend is to consider a Holding LLC for asset protection and anonymity to sequester your savings into.

We normally have been using our cash to buy, reno, and hold houses for rentals.

I recently started investing in the Milwaukee area back about  6 months ago  I’m only looking to buy and hold If I’m able to receive 2% percent on the purchase price to cash flow.

@Kearan Tolles I am not an attorney or CPA the below is my layperson understanding of the law.Generally holding long term rentals (passive income) it is best to do in an LLC, single member or taxed as a partnership.

They’ll understand ARV, cash flow, and negotiation strategies that actually make sense for Buy & Hold.

Quote from @William Arias: Hey everyone,What are the best ways or places to find private note holders or people holding owner-financed notes (outside of platforms like Paperstac)?

Investment Info:Single-family residence buy & hold investment.

What are my options to hold them accountable or recover some of the losses?

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Possibly a live in flip or just buy and hold we can rent out eventually.