The way I operate with my household (and future rentals) is using multiple "micro savings" (--> MS), each with its own designation (e.g. yearly expenses / vacation expenses / general savings etc).

If you keep it segregated, that works out to 20 as a household (10 for you, 10 for spouse).

In the last recession/depression households consolidated for the most part. 

One of the big demographics in the area that also seem to impact the potential for growth is the household median income.

You are negligent in your tenant training.No household furniture permitted.I would suggest you keep up on your quarterly inspections as she is likely a slob and you will need to police the entire unit. 

It doesn’t really matter if all the deductions you take is less than or equal to your  standard deduction ($24,000 if married, $18000 for head of household and $12000 if single).

By 2025, Millennials are expected to form 20 million new households in the U.S. 

What's your household income?

On line 15 of the worksheet for Schedule D the taxpayer enters $38,600 if single or married filing separately or larger amounts if married or head of household.

Factor in 50 to 70K household income can't really take you far here.