Those smaller properties tend to work better for more hands on local investors who like emerging markets.

Also, I have a credit card with a low balance that I could use for extreme emergencies but I don't like the idea of that.

Im pretty respectful about calling during business hours unless its an emergency of epic proportion.

How do you plan to save up 6 months expenses for a reserve/emergency fund?

I even tell some lenders in some circumstances that in an emergency on their part, and they needed funds back, to give me some notice and I could replace or pay off their investment capital.

In Texas we have to give 24 hour written notice before entry unless it's an emergency.

However, I also work for Realtor.com as a product manager, so I have other professional expertise I can help whoever mentors me - like marketing, online user experiences, web copy, project management, property analysis, deal finding, researching emerging marketsI am definitely willing to use my skill set, in trade for experience and a small piece of a deal.Great question!

Read and educate yourself for free here and on other sites - a path will start to emerge for you - you will find something that interests you - maybe wholesaling or birddogging or Sub2 or something....Be open (your closed right now) and let it happen.

I would not have considered a SFR as a one unit investment, but I can see that possibility.Therefore nothing has changed and you are still limited to 4 financed properties unless you can prove that you have the "reserves" in liquid cash to handle emergencies.

However, she couldn’t explain to me why the website, email and emergency phone numbers were and still are not working.So today I had talk to my tenant, and looks like I am going to sign a lease with her and manage this property myself, this is my only rental property and its only 40 miles away so hopefully won't be too bad.Part of her rent comes from the Section 8 voucher so I am in the proccess of working with MBQ Maryland to transfer it over to my name.Hopefully I can get the deposit, Dec rent and Jan rent back from the PM...