Cash Reserves

[Shawn H.]

The 50% rule applies to multiple properties over an extended period of time. When starting out, with only a couple properties, is there a certain amount, per unit, suggested to keep in reserves? Also, when considering new purchases, would you build up reserves to account for the new purchase? Ex. if you have 3 units and like to have $2000/unit, would you wait until you have $8000 before purchasing the fourth. Almost seems more risky until you have substantial monthly cash flow from many properties.