I like to keep at least 5-10% of the property value on hand.

The site is treasure trove of hand on experience and also many professionals to get where your real estate goals are.

As in your house isn't going to sell like a bottle of water in the Mojave.Note the post by the realtor who is a first hand account of the slow down...."

In general, your returns will be directly correlated to how many Queen beds you have in the unit, how good the pictures are, and how many positive reviews are there.I handed mine over to a management company and I’m expecting to probably my market rent + ~10%.

Some people want strictly hands-off and are fine with less return in exchange for doing nothing.

Lastly, our lawyer is pushing us to use a bank loan so that we can purchase in an LLC, rather than buying it in our own name to get a 30 year fixed and transferring to LLC later.

From talking to a handful of lenders, I've heard 15% downpayment for duplexes minimum and 25% for triplexes and quads.  

not too long ago and no one lent a helping hand.

I'm a licensed GC here and can be somewhat hands on down there.

Perplexed that a service provider to whom I'm willing to hand over my business decides to drag their feet.