Yes, it would be a 100% LTV for them, but they're not concerned with that number, their interest lies more in the monthly payments that I will give them.If you were me, would you take a cut upfront as a fee (let's just say $5k), then keep the monthly cashflow as a reserve?

and yes, i would recommend being in a strong financial position with substantial reserves.

You need to maintain a reserve to handle unexpected costs in the first year.How much should you maintain in the reserve? 

For the 10 year period spanning September 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.8% in that period.With inflation nearing its 2% target and signs of a slowing labor market, the Federal Reserve last month made its first cut in to the federal funds rate since the start of the COVID pandemic.

I now make it a point to budget for all potential expenses and have a reserve fund set aside for unexpected costs. 

I've also managed to save roughly 60k for a down payment/cash reserves on another property.

I would like to see some reserves but being class c I’m not sure if I should expect that or use it as a criteria to disqualify.

Paid off, but junk and no reserves is not helpful, it will consume all your cash flow quickly for years.

CAPEX can be minimized by purchasing the right property, frontloading fixes, and having a reserve fund- all of which you would have with an LTR as well. 

Right now, I have 100k to invest, 17k in reserves, 40k in retirement and I can realistically save 30k a year in my current position (60k/yr when I am promoted in a year or two)Back to the discussion topic.