How much cash reserve one should maintain is up for debate but, from my experience, most investors agree a minimum cash reserve of 5K (emphasis on "minimum") after closing, which you should budget 5k for. 

Emphasis added.

I will keep an emphasis on brevity in the future, however.

We won't always get lucky on the appreciation game so the emphasis should be on getting a good deal upfront. 

Read one good TEXT BOOK on real estate with emphasis on real estate law, theory, and title2.

I am currently a student majoring in business administration with an emphasis in finance and a concentration in the real estate field.

What schools offer MBA's with real estate emphasis?

I am working with Zach from RTR as an affiliate and know he puts a lot of emphasis on analyzing exactly those relationships.

The way that I value these spaces puts emphasis on bedroom and bathroom count and whether or not it has a kitchen.

Basically the podcast placed emphasis on getting the pads occupied as moving the house is fairly rare.