8K liquid is probably not enough to meet the 6 month test, I would guess it's 2-3 months of expenses.

This has become a lot easier than say a year ago when I was starting because now after a while of doing it on my own I can just email my PM and ask his opinion of an area or address.Obviously it’s more time intensive during a turnover but otherwise it’s usually 2-3 hours a week excluding research or looking at properties.

Has anyone had their property tested yet? 

(He did not test the air for carbon monoxide.)

.- research other markets outside of my area that may cash-flow better - Pitt Meadows failed my tests on this because property tax was still high while rents stayed lower than Port Coquitlam. 

This doesnt pass the sniff test.

I would perform a test during due diligence to see if it is working properly, and if it isn't calculate the cost to repair and demand as a credit at closing.Make sure you build in the cost of pumping.  

Here in CT there are tests that they use to determine the status at the time of loss.  

I'd play with a mix of prices and features and do A/B testing. 

I am happy to give you some tips on getting your first mailing out, I mail about 40,000 letters a month for my current business so i've tested a lot of different things.