I'm 17 and wanting to learn more about real estate. I'm currently saving as much money as I can for a downpayment. Where would I store my cash? Checking, Savings or any other?

They can buy only commercial retail properties themselves to own directly, only invest in syndicates, or do a combination of both for their investing portfolio depending on their goals and comfort level to percentage allocations for each strategy.I am not a big fan of owning multifamily out of state especially the small stuff.

From there I’d save double the amount in reserves for the following three months after purchasing and then allocate a certain percentage to reserves every month thereafter (depending on age, size, and other details of the property).

My plan is to use my high income as a dentist and dental practice owner to allocate a majority of my money towards MFH.

The portion that is allocable to the business of renting the 2 units may be limited by a computation similar to EBITDA.

I have already over allocated my time:Currently doing home renovations at home, by myself, rather than hire it out. 

Mind you, I work full time and I am in a graduate program so I have to be very intentional with how I allocate my time, but I would like to up my time spent on this to 10 hours per week, or 1.5 per day. 

You can also allocate your proceeds in any way you want. 

You do not indicate the number of bathrooms or square footage, but I suspect 2 times that amount will be closer to reality (my pro forma would allocate even more). 

Expenses need to be allocated between the two.Read this blog post: https://www.biggerpockets.com/blog/2016-02-21-tax-implications-house-hacking