I would additionally have enough to cover 6 months of mortgage payments (including tax and insurance).   

Fundamentals will always paint the picture.  

Fred builds a shed that is actually on Jill’s side of the property, covering about ten square feet of earth.

How do you BP users effectively do the following with specifics Collecting Rent Maintenance CallsAdvice on which Websites used for background checks and possibly electronic deposit website.Or any website that helps a alot with this subjectEffectively building up vendors ( Which vendors are best to have on deck and have telephone #) plummerhvacmisc repair manWhat am I forgettingI'm seeking specific websites that any BP users may use that works for them so I can take that into consideration when I continue with my researchSeeking Advice that maybe any book didnt cover that I might get side swiped with. 

This doesn't provide the whole picture, if you are using a conventional mortgage you will have to wait 6+ months for cash-out.

Also I was able to get homeowners insurance to cover the outside of my section of the building in case something happens. 

I'll just charge a small one-time fee to help cover what it cost me to get it built.

As security deposits are the tenants money, it is not necessarily a perfect solution to ask the seller to cover these amounts, but it also creates great risk on my end if there are no security deposits in place. 

This is a great deal... if the house is cheap enough to cover any issues and make a good profit.This is a terrible dea if the house is overpriced, or you don't carry enough money to cover the repairs.What are they asking, what is the ARV and what are the renovation costs?

Credit is good and rental incomes cover monthly "nut".I'm knee deep in boosting NOI on my 1st commercial apt - 6plex that was seller financed - but thinking out to a cashout refi.