The BiggerPockets store has books that will teach you how to analyze properties.

If you just want to build your cash reserves then flipping is the way but just be careful - that too takes a lot of work and research to make sure you don’t lose money.  

I then would have my tax cpa enter in or do it after discussing tax based items (depreciation- MACRS, reserves, year end accruals, reserves, etc.).

Best practice is to keep one or two payments in reserve from the buyers down payment for such instances.

For reserves, some lenders want 6+ months. 

Lenders are always doing this and are doing it a lot right now as lending tightens and reserves are being bolstered for what many think is going to be a real estate recession. 

And, since we don't require reserves for this program, once we add in the 10% down payment, only $13,500 would be needed to close.

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

You might get these days 60% leverage so you'll likely need 40% down payment plus reserves and the financial institutions will want you to keep those capital reserves in their institution.If you are a new investor, there's a couple of opportunities to get started.