That's just below the 50k threshold of what's easily financeable for the benefit of plan B (to sell at retail if necessary).

@Wade Townsend, you could very easily bring bed bugs into your apartment and never know it.

You're asking a very specific question that could easily involve a massive number of variables that could be VERY important to what answer is given. 

It's really not TOO bad in these comments, (I've seen worse on the forum), but could easily take that turn - so just a word of caution for anyone who cares - it's the total opposite of what a great resource BiggerPockets can be, and what it's really here for. 

If homes were already mortgaged and were cash flow positive at the time, despite losing considerable equity and maybe no longer being able to leverage any of that equity (or lack thereof) and thereby significantly slowing expansion plans for a few short years, did the collapse of home pricing pose a significant risk or financial set back to you in other forms such as loans being called due (particularly Private money or hard money loans as opposed to conventional), were you forced to sell properties for a significant loss for some reason that I am not understanding or seeing, were rents considerably affected in the downward direction for a short period of time, or where there other significant financial set backs you encountered as a result of the collapse of housing values that may not be easily identifiable to a newbie such as myself?  

Also when I sell a property I go online and remove that specific property easily.

Now this is just generally speaking, but the ones who actually call me from the start end up seeming like better potential tenants (ie. actually coming to the showing on time or at all).Once they do become tenants, I have found that it is sometimes easier to communicate by text as long as it is not something difficult to understand or easily taken the wrong way.Thanks,Big Bubba :D

A $40k foundation job could easily become a $60k job if the unexpected arises.

You could open up an adjacent bedroom to a kitchen and have a 50K budget and it could easily take 8 weeks.Rules of thumb are guesses based on having done similar projects.

I could resale it easily.