I currently rent, but plan on purchasing a duplex or triplex next year.A little about me - I was an auditor for a CPA firm for almost three years, which consisted of working many late nights and weekends, until I suffered through an unexpected health issue and realized I didn't want to work my life away.

I hope your purchase price is low enough to cover any unexpected damage they cause on the way out. 

Got an unexpected notice to vacate at the end of June due to the owner selling the townhouse and have less than 30 days to get out.  

I didn't make it either- my wife and I ended up snagging an unexpected lead and looking at houses for us to live in, which is even more fun than buying houses for other people

The goal is to have multiple buckets you can fill as an investor because there are always going to be expenses come up (some that you will know ahead of time and others that are unexpected). 

If the investor is unable to keep that amount of equity per deal, plus have the cash reserves for expenses/improvements, they need to be aware of the risk and weigh the pros and cons of potentially becoming overextended should the market shift, unexpected problems arise, etc.Happy Investing!  

When looking for a property, put the minimum down for the down payment and after you have enough savings to cover the unexpected use the 'extra' money from the rental to pay off your truck faster.

This isn't unexpected -- we are 11 years into a bull market that historically only lasts about 6 years.  

Now the owner and managers tell my partner and me that we're improving the park, that we can sublease more mobiles there if we want, and that they're basically delighted with us.

I don't expect to have any outside work for AT LEAST the next two months, so next week I'll be up on a roof doing the "delightful" job of removing shingles on one of my rentals, followed by a bunch of painting & gardening.