Judicious use of leverage (debt) when the property will still cash flow positive after debt service; when there’s enough equity left in the property to refinance if advantageous, and when sufficient reserves are held to cover vacancies, recessions, and unexpected repairs5.

Many of them don't have a lot of cash reserves if they're paying high mortgage, rent, have children etc. 

Those numbers would be ok, but do you have money for the downpayment, closing costs, capital expenditures, 15k for reserves?

However, given the acceptance of my rent payment for the entire month, I am assuming that this implies an extension of my tenancy through the end of July and hence I canceled the reservations I had made with the moving company.As I am now a month-to-month tenant, please confirm whether you will be providing a proper notice period if my tenancy is to be terminated.

.- Pre-approved to $450,000 (knowing I am eligible for more)-Saving $3000/month-60K in reserves and for BRRRR’nWhat I’m looking for: evaluation of my plan to get started, advice on particular neighborhoods to look at in my desired zone, people to network with and develop a relationship with.If you’re ready to get connected, please let me know.

Experienced investors with lots of cash reserves and lots of properties might do well buying off market OOS, etc.  

I do not see myself doing 20% down on any property greater than $150,000 to ensure I still have reserves.

You will want to save at least 25% down and 6 months for reserves. 

[Federal Reserve]Great news on CPI.

Loan 1: Loan Amount: $525,000 - $75,000 funded at closing (less fees and reserve), then 6 draws of $75k asduplex is built.