Also, when the state extended the eviction moratorium, they earmarked some money for property owners with tenants who haven't paid.  

We obviously earmark reserves, emergencies, etc., but losing on the value of that is net a good problem.  

I was earmarking about 100k in my head, but with all of the different resources out there explaining rehab costs in different cities and at different points in time, budgets for this kind of work can seem all over the place.  

With 98% of PR considered an Opportunity Zone, and billions earmarked for infrastructure improvements, I believe Puerto Rico is entering a new Renaissance.

@Cody Malave again i am not a cpa. i do not have an LLC for each only because that is too many LLCs. i do have a bank account for each. i did not pay myself one cent until now, 7 years after i started. you can ear mark a deposit like that as a "capital contribution". if you are putting post tax dollars or dollars that are from a loan (where you pay interest - HELOC or otherwise) that should not be an issue. 

If you earmark something today and sitting it in  Tbill for 12 months than assess, sure, but you're also betting on house prices are down YOY to make use of it.

I have the cash available to throw about 30k at it, but it would be all my cash earmarked for investments for the time being 

I'm seeking a loan of 54%-65% LTV ($700k-$845k) against the Federal USDA grant.Half the funds will be earmarked for a downpayment on the property, and half will be used for startup infrastructure to accelerate revenue generation.

Ideally, we’d like everything related to the property (purchase, closing, Reno, etc) to come only out of that earmarked 100k. 

I have also placed additional capital earmarked for multi family equity into commercial mortgage notes I’ve purchased from lending institutions.I should mention that I buy properties that need little or no improvements and have little or no deferred maintenance.