And typically I've been able to secure properties at a similar price point as the ones you've mentioned in your original post but probably at a lesser ARV i'll have to admit especially since with rental properties I try to avoid unnecessary upgrades such as granite counters, major cosmetics, etcLove to hear your thoughts :)

A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, you should sit down and assess your personal finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.

You're in this business to make money, not take unnecessary risks.

You can use this time to continue your education by reading forum and blog post of BiggerPockets, listening to their podcast, reading books, and going to local meetups.Again, I don't want to discourage you, but based on your post there seems to be a lot of unnecessary risk for them and you.

The main goal is you being successful in evicting so the unit is available quickly, and preventing unnecessary expenses for yourself in the process.

I recognize some of this is good screening of tenants that have decent credit score to damage, some of it is the housing shortage in this market and that there is no need to ever rent to anyone that has ever been evicted, and some if it is luck.I suspect if you do not accept their offer and explain the consequences of an eviction that a very large percentage of the time an eviction is unnecessary and the tenants will voluntary vacate. 

They have all three of my loans, and had a 4th one in progress when I shut the deal down (not a long story by details unnecessary here). 

People may see agents as unnecessary, overpaid etc. but a primary function is keeping deals on the rails.

I work for months at a time out at sea (+4 months at a time) so getting an apartment is an unnecessary expense for me.

Would it not be much wiser to avoid all the headaches mentioned above by buying a property at a perfect time (as was the case here in Europe around 2015), wait for it to increase in value as for example by now that same apartment has doubled in value since 2015 and sell it while looking for exceptional deals and use that profit from selling the apartment for buying a second apartment and keep doing the same.In other words, just going for capital gains and eliminating all the potential disasters and unnecessary work mentioned above.What are your thoughts?