Can you afford to replace an entire roof or install a new hot water system? If the answer is no, you may not be financially prepared for the realities of owning an investment property.
Major items don't always give warning before they fail. Setting aside a maintenance reserve, and reviewing it regularly, means an unexpected repair is an inconvenience rather than a crisis.
We help our landlords plan for these costs in advance, so the property stays well maintained and the investment keeps performing through the unexpected moments.