Some people hedge their bets, and go 50/50 fixed/variable (or some other ratio according to their best gambling/research beliefs, but then focus on paying one down quicker than the other once rates actually change). 

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Mostly everything can be found on the internet and I think most ppl understand that by now. 

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Utilities, internet, TV3.

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Vegas, even though very hot in the summer, does not have a big drop in the summer because people come for the shows, glitz, gambling. 

If you do that though you can't actually take out any of the cashflow...because the problem with CapEx is that it doesn't actually cost just 8% of your rent. when it come it comes big and heavy, so you'll need to be able to build up to having that reserve account...some people like to gamble and will take it out...I personally don't recommend taking cashflows from your real estate until you're much further along with much larger reserves.

Congratulations, you have found one of the most valuable free resources on the internet for real estate investors new and old.

Just a quick internet search showed 2 BRs going for about $850+ and 3 BRs going for $1000+.