I have literally put in $70,000 or more that I regret, two 20% down payments (about $58,000 total) and all the repair costs and capital expenses (stolen AC unit, new roof which was partially paid by my seller, new water heater).

We have several options to minimize squatters and breakins to steal mechanicals:1) Remove Mechanicals (so can't be stolen), install ArmorGuard doorjamb reinforcement to make it harder to kick in doors and use double-key deadbolts so entry thru a window still doesn't allow opening of a door for greater access.2) Install DAWGS which are metal screens that replace doors and cover windows to deter entry.

I know I go about as far as anyone in the fix and flip capital business but I wont front rehab money to contractors good way to get it stolen and the clients dont realize it either. for my very good repeat clients I might front 5 to 10k for clean out..

Obviously you “hope” nobody says your place was broken in to and stuff was stolen and they’ll need more money.

I'm sure you've read my posts against the idea of investing in cryptocurrency and thinking that when the time comes to crush Bitcoin, governments will play fair.

That's when James will be Bitcoin rich, property poor, and watching it all go haywire on tv from a veranda in Cape Town.....   

I just did the same thing with an AC unit that was smashed to bits and the copper wiring was stolen. 

Burners clog, grease builds up, and before long it becomes a health hazard.Responsibility Confusion – It creates a gray area: who fixes it, who replaces the propane, what if it’s stolen?

BRRRR is overrated... buy some Bitcoin instead. 

Additional costs on these 2 homes: stolen AC unit, new roof, numerous smaller repair issues (sink leaking, heat or AC not working, etc).