Though, it depends on your volume level. I

How cold is it outside,, could you possibly have a frozen pipe that's not letting water circulate.. that will happen on boiler system..If you boiler was leaking and you had it fixed. you shouldn't need to keep adding water now.. you must have another leak somewhere in the system if the pressure for water level is down..

Also, the finance strategy on the ARV (retail) level is completely different than finance on the brrrr acquisition side.

This also accounts for the outliers of temporary 50% vacancies and still flow cash to an acceptable level.  I

Welcome to the BP family; I would attend some local real estate meetings and learn the lay of the land; not knowing your competence level I would make sure you have a good inspector available to give you a qualified opinion on any properties you might be interested in; I would line up my contractors and get their opinion on any property you might have interest in; get numbers on what it will cost you to bring the property up to a standard that you could flip it quickly; work out your carrying costs and see if it makes financial sence; look into the materials that are availabe (forms) for cost controls and inspections. 

They don't know your expert or novice level so break things down for both that level.    I

On a personal level I am a Christian.  

I want to rent the 'top' level.  I

That is the level I am aiming for but I know it will take years to get to that point.

After closing I should still have $12,000 in reserves for the next purchase, and I'll have to save at the level I am now to purchase a new property 1-2 years down the road.