@Clay Hall, I like a HELOC on my primary residence as an emergency fund, and wish I’d had that extra money when I got started, simply as reserves.  

I have the reserves to weather defaults and my team knows their portfolio level numbers, so it's just a matter of getting note investors and lenders on board.15 years payments and 50% LTV are the limits we're seeing for each individual method by the way.

If so, I would take 50k and leave 25k there for reserves or needs.

I would say today 40-50% of your income goes towards normal operating expenses. 50% if you want to include replacement reserves which you should.

My main focus these next 6 months is to educate myself and continue to add to my savings for down payment and reserves.

The last month's rent will be spent, then you have $1,000 on reserve to ensure they return the property in good condition.

Questions like: How long do you have to store his stuff?  

The company has a points-based system, where members receive a certain amount annually, and they can then bank those points for up to a year and use them to reserve time at various resorts around the world.I have been dragooned into assisting them with defraying timeshare costs by trying to figure out how to rent out the unused points so that they don't go to waste, before I dive into this myself, I wanted to find out if anyone else has experience with vacation rentals with this set-up.

High inflation means that people will be looking for products that can store their wealth (aka "liquidity"), such as gold, cryptocurrency, or real estate.So why buy real estate during inflation?

Having contingency plans and sufficient cash reserves is crucial for navigating unforeseen challenges.Please let me know if I am missing any.