That's why we require clients to spend a couple days with us in Milwaukee up front, so we can get on the same page and determine an asset quality.Hint: the hood looks much better on a spreadsheet than up close in person.

In my case my bank asked for a few monthly checking account statements so they could see my spending habitsThe gift of giving- A few months back a co-worker was looking to purchase a home (not for investor purposes) and they received a "down payment as a gift" from a family member.

Keep in mind most travelers are unwilling to spend more than $2400 with most around the $1600-1800 range.What I have found is that travel nurses often want to spend at little as possible so they can pocket the stipend. 

This is day to day spending, rent collection, tax/utility payments etc. (1) account for all security deposits, (1) account for parachute fund, capex items etc.

Say home improvement and they will send you up to $50k at relatively low rates with no pre-payment penalties and they do not check how you spend the funds.

Spending the owner's money, not saying anything, and letting them discover it while reviewing the monthly statement is unprofessional.

What should I expect to spend?

Be honest—are you waking up early and controlling your day, or are you rolling out of bed and playing catch-up?

There are some types of trusts that bring a lot of protection, but you generally lose control of your assets and they are managed by someone else. 

Builder/Investors, what are you spending per sqft?