I make an appointment, they must call 30 minutes before the appointment to confirm or I don't show up!

I read a story recently that upwards of 60% of people do not have the reserves to cover a $500 car repair. 

It also means you disclose up front to the seller that you reserve the right to sell your purchase contract to someone else who will then take the deal thru to closing.

Simply wanting to confirm when implementing this process, we will incur the expenses related to cost of closing 2 times ( once for the cash purchase and a second time for the cash out refinance) correct? 

We typically use the following allowances:Revenue:     Vacancy   8 - 10% (even though the vacancy in our areas is running from 4 - 6%).Operating Expenses:Maintenance and repar:  10% (of effective gross revenue)Property Management:   7 - 10% (of effective gross revenue)Reserves:CAPEx reserve:    8 - 10% depending on the age and condition of the property and its major systems.

When evaluating properties be sure to make sure they include the basics like: Real Estate Taxes Insurance Gas & Electric Water & Sewage Repairs & Maintenance Unit Turnover Contract Services General & Administrative Payroll & Benefits Marketing & Promotion Legal & Accounting Landscape & Snow Removal Trash Removal Management Fee Reserves for ReplacementsThese items at the very least should be included in any competent underwriting of a property, be it by a broker or the owner directly.  

Typical commercial lending is LTV 70-75%always an ARM, like 20 due in 10 (or even 5)property self-sufficient (aka DSCR 1.1 - 1.3 depending upon the lender)with an NOI that supports reserves 10%, vacancies of 12%1/2 year prepaid taxes AND insurance (last parts of PITI)Your personal credit should not be part of the qualification process.

Plus I will have more cash reserves which is a plus.  

I have been on active duty for 13 years and am really on the fence of whether to continue active duty until retirement or complete the rest of my time in the reserves.  

New Provo Temple just opened DT Provohttp://fox13now.com/2016/01/04/reservations-for-provo-city-center-temple-open-house-available-now/4. 65k-70k college students within 3 miles of DT Provo (BYU, UVU)http://www.ksl.com/?