Good Afternoon Investors, Is there a rule of thumb you follow for targeting the amount of cash left in a BRRRR deal post-refinance?Steve

The difference is you have new roof, plumbing, etc..I would totally switch my contract for this.

Regardless, even when I included insurance, the total expenses were about 33%, but I usually make my operating expenses at the industry average of 45% and that assures me I've got things covered. 

I plan to pay off the loans in about 10-15 years and will be refinancing with a private lender once I'm done with residency to cut the total cost down as much as possible.

Even the 1% rule / test / whatever is a dream.Your best bet is to throw out all rules of thumb like that and learn what the averages and norms are for the market and price range you're looking in.

Are you budgeting for the VA funding fee and rolling that into the loan total?

I always see comments about the challenges of the LA market, but this totally blows that out of the water. 

J Scott I totally agree with me financing my self part.

I bought my newest home Sept 2017 with 3% down... paid for some repairs with cash for a total of $20k. 

I've been beating my head over numbers all day and totally missed this one.