Start stashing away as much as you can each month as you continue to refine your goals and plan.It sounds like your SFR is a rental, not your house.

I don't know any property, 100% tenant occupied, that would be less than 600-700 per year, or closer to 50-60 per month.Do you really think 76.25 per month stashed away will pay for CAPEX/maintenance?

:joker:

Get a few dead presidents stashed away.Also if you are planning on racking up some school debt, learn about Coverdell tax free accounts. 

If so, you might take the thermostats, heating elements, and drain valve off of one of the old heaters, and put them in your stash.  

What if she happens to have 500k stashed in the bank?

Our original goal was to flip while our market was hot and stash cash to buy and hold later on when things cooled off.

Any seller in his right mind (and right mind is something else you need to look into with this guy due to his age) will not do an option with seller financing included and then allow you to assign the right to obtain seller financing to any joker off the street.

Keep stashing the cash.

How much should i stash away for unexpected maintence5.) what do people do when tenants cant/wont pay - i know mass makes it difficult for the landlord to get these situations resovled.