I'd love to have time to learn these things, but right now would rather pay the contractor than allocate my time to them for most of them.Factor this into your budget, especially when the seller says maintenance is cheap and easy and might show you operating costs with a low maintenance allotment.

Good thing is you never need to replace appliances, hot water tanks, older windows, HVAC, flooring, etc. so no monetary allocation is ever necessary;) Check your Declaration on if your 15 year old TOWNHOUSE roof is your responsibility.

It falls to how we choose to allocate our time.

However, in crypto you could assume that a blockchain that supports Web3, DeFi, and is an industry disruptor would be a viable investment for a small allocation of your portfolio.

Here is what they broke down for me:PM (4%) roughly $8,000Payroll including leasing commissions (5%) roughly $10,000Utilities, Landscaping, upkeep, and marketing is covered by the remainder of the $30,000Since its a brand new development, they haven't allocated reserves to Repairs and CapEX.

Its an allocation of cash received.

I think you have to register and if you get approved, you get an allocation of how many homes you buy in the exclusive period per year.

I am hoping to have a property under contract in the coming weeks out-of-state and just trying to plan for how I need to allocate my current cash reserves in a way that will allow me to purchase the next property next quarter but still be covered for the unexpected. 

For instance, when I change the Repairs & Capex to 5% ($313/mo combined) from 8% per Thomas' suggestion, the property now cash flows $114/door, good for a 12.08% cash on cash return in year 1.I'm starting to think the best way for me to estimate Capex is to allocate a higher amount the first year, and reduce that amount as time goes on. 

I'm hoping he listens to me as well and gets most of his stuff out of items tied to the stock market now before the election - I see a correction ahead and it's probably not good for him to have his money allocated in a risky way at this point in their lives.If anyone has a suggestion on an IRA custodian in the fine state of KS or somewhere close - Oklahoma City, Wichita or in the Kansas City area it would be greatly appreciated.