Since I already have a buffer of $2,500 in the checking account, I take the $2,500 left over from this month and transfer it to savings.I repeat this until my reserve is built up to the level I want.

(my goal with this strategy would be to get 2 properties generating more cash flow for about the same debt level I currently have, using my equity/ appreciation for a down payment on the 2 new properties.)c) I think I've heard that the new property need to be more expensive than the one you are getting out of.

Most engineers do on some level. I

Anyway, would love to talk MN if you ever want to — although I’m certainly beginning level! I

There is no minimum level. I

Today I finished the book 401(k)aos by Andy Tanner.

They raise rates, assess special fees and will levee fines when tenants break the rules assuming they even allow renters.

So, you just need to figure out what your comfort level is with the paperwork and activities that they would do on your behalf, and the time it will take to do them.  

This might help: https://www.biggerpockets.com/renewsblog/next-leve...

I have great credit, good debt to equity, my income level is my weak spot.