Is it important to have the cash reserves already saved up BEFORE you acquire a rental property, or is it okay to just set aside a percentage of your gross rent to fund the cash reserves after the investment property is acquired?

Any additional tips or things I should consider would be super helpful!

It reflects the average rental income per booked night, including nightly rates and additional fees like cleaning charges, pet fees, etc.

After a few additional email interactions that same day, your DoC stated "I do not have an answer for you.

At your age, money should not be your driving factor it should be to acquire skills, money will come later and in boatloads if you develop your skills now.

If you owe too much when you pay your taxes in April, you will have penalties in addition to the tax.

Also make sure the buyer lists your mom as a lender on the property insurance policy, NOT as an additional insured party.

I'm familiar with the Texas lease and it still has holes that need to be filled with additional documents or solid policies and procedures.

The purchase of the property is $3,000,000.2. can I ask my landlord to lease the property for a term 24months after which the property will be acquired if not before?

Additionally the south side of columbus (southern orchards, merion village, olde towne east, franklin park) all have great macro stats, and density due to its proximity to the urban core in columbus.