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what i'd like to include as well is that even when you are in a situation where you are using savings, other "emergencies" and unforsee spending pops up too like car repairs, flights to visit sick family, etc. It is one of the reasons why we tried to pad our emergency fund as opposed to being conservative with the numbers.
damn.... too late! yes, we don't know how the property management aspect works out over there. The old guard was that most owned and few rented, but that demo has changed in the past decade. What's the sale price?
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