If your coach is from across the country, and simply going to provide you a pre-packaged underwriting template, a segment on "how to pick a market", and lives in the world of 300+ unit deals, when you are looking at 30 unit deals, I would pass and use the typical 10s of thousands of dollars towards your downpayment.

They will give you a new landlord package at that time & approve you upon receiving it.

Food for thought!

I was looking into using a pre-approved/package home design thinking it would save me money but it would only save about $5k.

Much of their food would spoil and they'd be hungry, and most people don't have a proper stock of food and what do you think people will do when they're really, really hungry?

(Food for thought)10% for Cap Ex & 5% for maintenance sounds fair and consistent with many BP suggestions.If it is value add and you do renovations, then hopefully your place will be "like new" and won't have many of those repairs/maintenance/cap ex issues early on. 

Love living here as well, big city but has a lot of small town touches, Theme Parkes, historic attractions, military bases, great food, and friendly residents.

Not only that, but in my case, where I am a builder-owner until my license is approved, its ridiculous dealing with 'hiring' anyone to 'help' in this state so I've resolved with my trustworthy neighbor to paint it together and all i owe him is some beer and food.

I was curious if anyone would recommend the National Notary Association's training package for this.

Get rid of them ASAP.I'd talk to the city and ask them politely how you are to get rid of the smell from the fridge when it is filled with the tenant's food which is causing the smell.