I definitely plan to have cash reserves for those unexpected costs that might arise.

We unexpectedly (and now thankfully) ended up in the Vet Park / Sunset area and have been AirBnB'ing our "extra" unit with amazing results thus far.  

I am completely shocked and surprised by this action as this was unexpected. 

for the extra cash you keep for maintenance and capex issues that might come up unexpectedly.

(It’s a 1021 sq ft box), + realtor/holding/closing/unexpected costs...

To an underwriter, that means that your monthly liability would need to increase in order to cover "unexpected" expenses.

The second thing i suggest you focus on is funding. 50K is a great amount of money to start with, however, it’s always better business to leverage other people’s money so that you have some capital to fall back on for the unexpected.

More of a safety-net in my eyes, in-case something unexpected happens or plans change before I move to the next property.

I analyze the property, and estimate rehab costs (with inspectors and contractors), add a buffer for unexpected repairs, as well as an ROI comparison of setting the property up as a rental vs. selling the property.If I am ONLY presenting the deal to the investor, meaning I am NOT buying the property myself or setting up any type of assignment, just "connecting" the investor to the property and running the numbers.

I analyze the property, and estimate rehab costs (with inspectors and contractors), add a buffer for unexpected repairs, as well as an ROI comparison of setting the property up as a rental vs. selling the property.If I am ONLY presenting the deal to the investor, meaning I am NOT buying the property myself or setting up any type of assignment, just "connecting" the investor to the property and running the numbers.