I think you need at least $10,000 in reserves, or bare minimum at least enough to cover a month and a half of rent, utilities, and any unforeseen maintenance issues per property.

I think this inability for buyers to come up with liquidity for down payment plus agent commission will be a near-term issue, not a long-term one.

Still looking for an automated tool for STR regs where I can just plug in a zip code or address and it will layout all the current restrictions in seconds. 

One major caveat is the real possibility of being put out of your own home if you ever get into a domestic issue with a tenant - I know people who have ended up having to rent a hotel room while they got something worked through the court and their tenant lived in their home, because once you rent to them it becomes "their home". 

The majority of investors face these issues when hiring contractors.

None of this may be true, but they won't take that chance and they won't put their clients in a situation where issues could come up.On the money side I just got a FSBO home listed at 389k under contract for 375k.

The student loan payments are no issues as long as you have the DTI ratio to qualify with them. 

Not a big issue?

We must send you a letter before issuing a fine.

I like to point out issues to save you time and money.