It's difficult to give you a precise dollar value of what type of reserves you will need---as the number will be influenced greatly by the type of rehab needed...Here is some advice to consider:- Don't try fund/do all the rehab at once---do it in stages for a more affordable and manageable property transition

How to Win Friends and Influence People3.

One of the first recommendations that I always see for new agents is to compile a list of people you know to create your Sphere of Influence. 

I can’t stress enough the influence of the military change cycle.  

I think that having us living in the unit next door to the tenants will have some influence on them keeping the yard up, but there's no guarantee that they will. 

I didn't read the article but most west coast city councils seem to be anti-str, is this a result of hotel lobby influence?

There are a few factors that can influence rental rates for housing, and whether or not rental rates will fall in a particular market or for a specific property will depend on the specific circumstances.

@Quinton Schultz, as a young agent just starting out the VERY FIRST place you look for business is your "sphere of influence".

I would be happy to introduce you to a couple of great real estate agents that may be a good influence for you in your business.

Leslie,With the current day in age being heavily influenced by technology.