Fortunately, the Short Term Shop teaches you all of these things once you are under contract and through the inspection period.  

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

If finding a new replacement is more difficult then get your new property under contract first even before your old property closes.  

My $2000 also covers stuff that inevitably break under normal use - I had to replace a washer $700, a stove $600, a microwave $100, and a grill $400, all  within last 2 years, and paid close to $1000 for various service calls by electricians and HVAC techs and pest control. 

Oddly enough, we had it under contract about 48 hours after listing it.

Hey , i am new to the bigger pocket forums , we are thinking of trying to get away from Canada and i was wondering about getting work with a builder /contractor under an E-2 or similar visa .

Purchase price: $70,000 Cash invested: $60,000 Sale price: $70,000 Have under contract for $70K and will rehab.

Currently own two properties under different LLC. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Most dscr lenders will not do loans under $100k but if the property is not in the usda eligibility zone, the same lender I quoted above will do loans under $100k.