Go ahead and have your allergist prepare a letter that describes all the suffering you would incur living with a dog.

What is a good and or acceptable amount of money to have saved up before buying your first rental property I'm aware this can vary depending on the state/area but is there a rule of thumbThank you ahead of time 

If you like the house and the area and want to live there and its habitable, go ahead and try to get a plain vanilla conventional loan from the local credit union and mortgage broker. 

Most stay, they're still below market rents.Our maintenance management system has a ticket that either gets satisfied or generates follow up visits to inquire about the lease anytime they're at the property on other business.

For the unit you are vacating, you will need a one year lease signed ahead of time as well.  

Yes, don't think too far ahead right now.

However, when I went to visit the property, it appears there is someone squatting on the land (perhaps the original owner who lost it to back taxes, who knows). 

Do a Reverse ExchangePlan ahead - Plan to win!

I don't live in OKC, but travel there frequently to visit friends.

-I own properties that LOOK like I am losing money on- on paper- but when you add in the appreciation and tax advantages, I'm actually way ahead.