You want enough that a major, sudden expense (like my $6200 sewer line) can be dealt with quickly and painlessly.

One individual had a $95K LOC against the property - the bubble burst and suddenly he does not have the LOC and the bank wanted the funds outstanding paid back immediately.

And even with the current housing development, it wouldn't be enough to support the sudden influx of soldiers coming back.

We called the "corporate office" and left a message, rarely was the phone answered, and suddenly everything was fine, well not really.There was supposed to be a web site you could sign into for proof of funds letters.  

Buying wrong, multiple vacancies at once or sudden capx without enough cash behind...?  

Words that are commonly used in the English language suddenly have different meanings in Legalese.

Its hard for a contractor to say no when all of the sudden everyone wants their business.I've seen this cycle many times. 

I cannot report them for trespassing ...chicago finest will show up on that beautiful block on 70th and Damen and laugh in my face ..so will the tenants ..and I will only aggravate them to the point that they might trash the place once they will be forced to move out 1 year later by the Sheriff...1 year that's how long the eviction takes. first 90 days notice, then the sheriff need to go out there (who knows when) and give them the notice of forcible entry being filed against them then the judgment..then sheriffs eviction ..I will be lucky of they gone in Sept 2017. cash for keys will not work ...what they gonna do with $2K if they know they can live rent free for a year ...average monthly rent is around $800 over there ...good thing is ...that SFR 3br/1ba brick raised ranch will increase in value...I could make them my tenants ..have them sign the lease ...and hope they miss the payment ..problem is that once I make them my tenants I am responsible for upkeep of the property..what if there is mold in the basement and they develop sudden breathing disorder ?

I've had the best luck with low equity sudden transfer folks (or folks that have tried to sell but the listing expired or they threw their hands up) with pretty houses.  

That 2-year limit isn't even guaranteed (waiting on it myself) and I've heard numerous times lenders will find every reason to not let you suddenly qualify.