Are there any contingencies or reserves for unexpected costs?

Spent a few weeks getting settled in to the neighborhood you are living in, (Getting your driver's license and car registered with the DMV) knowing where the grocery store is, et cetera. 

See attached Excel summary sheet.Investment Highlight89% Physically OccupiedSupply Index in a 3-mile radius of 6.8 SF/Capita, 5-mile radius of 7.7 SF/Capita, and 10-mile radius of 8.3 SF/CapitaAdditional Income generated from 4 mobile home lots and 1 mobile home (Not Verified, as thus not included in underwriting assumptions)Key Underwriting AssumptionsDown Payment 25% of Purchase PriceEstimating a CAPEX/Repairs cost of $150,000Estimating Operating Reserves of $10000Stabilized Vacancy and Concessions/loss to lease at 10%Using a cap rate of 7.23%Key Demographic DataTotal Square Footage 21,130 Supply Index: 6.3Population 3,338 1 Yr.

That's what I think a fair price is.It does depend on how far it is to the roofing supply store, how far it is for the workers to travel, if there's any rotting wood that needs to be replaced and how busy they are (busier = higher profit).You could buy a couple ladders, a compressor, a 100ft extension cord (14/3), 50 ft of rubber air hose, a roofing nail gun, a caulk tube a couple shingle removers and pick up some day laborers who know how to roof. 

If mixed in with your deposits and reserve funds, you may accidentally spend money you shouldn't have.

Finally, do you know if there are any legal requirements for how landlords need to store tenants' SSNs?

Have strong reserves out there.  

STVRs if run efficiently and marketed with 100% direct reservations should have 50%+ margins and ConC returns of 100%+ year after year.

There are programs out there for owner-occupied properties that don't require proof of income, but expect to need a hefty down payment (30%+) and reserves. 

It's advised to keep cash in reserves for vacancy and maintenance so 70% down payment might give you enough cash flow and you have some reserves.