She was extremely happy with me and I even got a Glowing testimonial letter.

If its stabilized and you don't expect any major capital expenditures in the next 5-10 years such as a roof, furnace, or renovating any units then somewhere between 5-10% would be a healthy assumption. 

I would retain a healthy reserve account to cover vacancies and major repairs.

Like all things in the universe a balance is required for a healthy environment and my county is way off kilter in this area, presently.On the texas gc comment I would have to respectfully disagree(somewhat).

Don't go with friends, find a professional and keep a healthy distance.

I don't want to get into a lengthy health insurance thing but as long as you are healthy you can get coverage.

I agree that a certain amount of motivation is necessary and healthy but there are allot of pitfalls in real estate and once you fall into a trap you will find it very hard and painful to get out of it if you can at all.

For me, I would want to be sure of a healthy appreciation rate to justify such little Cashflow unless you plan to sell right away.

Or minimize the debt so that the liability isnt as big, and use the other money for a GAP Funding investment with an investor at healthy percentage. 

Rental values in Atlanta are quite healthy at the moment, so we cannot complain about that!