If it's mixed in with your deposits and reserve funds, you may accidentally spend money you shouldn't have.

There are no parties allowed this is strictly enforced etc etc if these are issues for you, you may cancel your reservation free of charge within 48 hours of now.”I’ve had a few guests cancel immediately after, and if someone is going to cancel immediately after my message, I consider myself fortunate.   

Income - Expenses - Reserves = cashflow

If that doesn't trip the seller's reserve price, then I walk.  

I have since built up my reserves.

I am trying to get started in REI but I lack the capital to be able to do rehabs/flips so I am looking to build my capital reserves by wholesaling deals. 

If you keep this, you should accumulate that $1700 a month until you have a cash reserve of about $10K (six months rent.)

For the first few months or so, until you can get to at least 10K in reserves add extra. but for reference I am very conservative with my reserves. 

Luckily, I've prepared myself early to have cash reserves to cover vacancies and if they decide to move forward finding another apartment I told them to be my guess.

We had to use a significant amount of our rehab reserves for installing wrought iron fencing for better security and invest in the dated plumbing system.