------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

So spend NO money on advertising and use that money to make our product stand out.. this has led us to raise our prices Far above our competition more than makes up for it and we sell them as fast as we can build them.. for us thats delivering 2.5 homes per month. 

The best way to estimate expenses is experience and knowledge of your specific asset type and market.For vacancy, that will depend on your market and the quality/desirability of your type of unit.

Just not sure if I should just get the 50k to pay off my loans or get more cash out of the property for reserve fundsDorian,  depends what kind of loan product you are talking about.

HOWEVER, very important to understand is that these 3 month seasoning products are VERY expensive.

Joe Asamoah who focuses on quality homes and solid tenants.

I never used the other products you're speaking of, its just sad how these so called gurus take advantage of people.

Better to have your own property manager use trusted handymen to take care of the issues for long term/quality fixes. 

That product is more expensive and does require reserves after closing.

Signs of this are poor lease quality, maybe M2M tenants, high expenses (unnecessary things like high trash bills, internet, cleaning, security).