https://app.box.com/s/4sedcgxd2eqou5ugizjspk406zbp75aaI have absolutely personally nothing against Mr. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Hey @Andrew Self Are you going to buy a property through an LLC or your personal name?

As noted above, having an agent that is familiar with investing can help in how the investing market looks versus how buying a personal property looks.

Meaning they went into a standalone bank account (not mixed with your other personal funds). 

While I know that return goals are different for each investor and their specific goals, it seems that a bad or low-performing deal for one person might be what another investor is looking for. 

I personally use Quickbooks online and have a virtual (remote/nonlocal) bookkeeper.

I wouldn't spend 2k on it or anything.Yeah I have one particular house where everyone who books it constantly says how pleasantly surprised they are at how nice it is and that it looks so much nicer in person than the photos.

MF has seen some significant changes and people recommended precovid may not be recommended now, so be careful.One person I always had a lot of respect for was @Todd Dexheimer who runs a great company and is very knowledgeable (full disclosure not an investor but have met him several times). 

My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -> variable expenses -> fun $$).We are looking to see what experienced people generally recommend for a holding tank for that 'invest' allocation while we target our first real estate deal.What financial vehicles have you guys used that works well for this?