You've come to the right place for mentorship as well as a ton of valuable information. 

What was the "standard" guidance these programs offered for reserve funds?

@James Carlson this isn’t going to be very valuable for most people.

I'm open to suggestions and guidance.

If the answer is yes to any of these questions, one should consult the local board of health for guidance on how best to move forward.How do we advertise and show an apartment?

I appreciate any guidance, thank you!

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.

Ok, a major disappointment, but you’ve acquired some very valuable feedback from the experience: you need to be better at analyzing numbers, managing contractors, or this doesn’t match with your skill set, etc. 

@Owen ThorntonAt 16 you may want to start with some character building books like “7 Habits of successful people” and “The little Prince” and for the same reason i would stay away for a few years from “The Prince”, “The art of war” and “The art of the deal” On a lighter vain, I just turned 60 and as teenager I read novels with very valuable business lessons :HotelWheels Rich Man, Poor ManThe GodfatherI would love to hear about more modern novels with business lessons.

For $30k, you're probably getting an old run-down asset that needs work and will continue to need work, which cuts into your ROI-$30k houses don't bring in a ton of rent, but the expenses are relatively the same on that asset as a more valuable house that brings in more rent.