Not getting rid of them right away may give you some time to build up some cash reserve to do renovations after they move out. 

Were you still able to maintain cashflow positive without dipping into reserves?

Well I self manage but my CoC after reserves and vacancy is 11%. 

Deal Details:-Purchased for $375k in Peachtree Corners, Georgia-Renovation for $20k-Target ARV: $530k-Target Rent: $3500-Estimated PITI (assuming interest rate of 7.125%): $3286-Cash flow: $214 (basically all going to reserves)

Some of the additional benefits include:Reduction in current tax liability Insurance savingsImmediate increase in cash flowMinimization of recapture upon sale of the assetIdentifying disposition expensesIdentifying repair and maintenance expensesEnergy cost savingsConstruction tax planningPreservation tax credits (historical and new market)Fixed asset reviewDEIRA Reports (reduces insurance premiums, benchmarking reports, energy audits and reserve studies)Depending on the state in which you own the property, you may also qualify for state taxdeductions or credits which can be identified with a thorough cost segregationstudy.Real Estate is such a unique type of investment and pairing it with cost segregation makes it even more unique.

For some time, I offered the use of our vendors at our rates and discounts for maintenance, and in our management agreements, requested small reserves for maintenance escrow, to handle costs.

Not so much in the way of reserve requirements, as an example. 

Right now I'm building up my reserves some from many properties so I'm not taking a draw from about half of my accounts but I know how much I would be taking!

There are a few things that you'll want to budget for and your lender will also want you to have reserves on hand in order for you to qualify for the loan.

If separate, you can charge the tenant for their portion.Make sure you also factor in reserves for maintenance, capital expenses, and periods of vacancy.These are large units, which can be nice to allow you to charge a higher rent, but you're also marketing to a smaller pool of renters.