Closer to under 200 when reserving vacanacy / capex budget.  

Also, we just had a couple reserve the entire month of August next year.

When speaking with him in April, he agreed to send over the security deposits and cash reserves he was holding, as well as the tenant leases and contact info.

Keep a reserve, keep track of every penny, and be smart!

I have a cash reserve specifically for this purchase and would love hear from / personally talk to someone with experience to see if 1.

I have been making steady progress towards purchasing my first investment property in Milwaukee, WI, just need to build up my $ reserves before I can pull the trigger. 

I do not want to invest with the amount of capital I have currently, so whichever move I decide to make, it will be after I have acquired a larger amount of reserves. 

We are only planning to rent the home from Memorial Day through Labor day with a couple weeks reserved for our personal family Renting it for roughly 8-10 weeks (high lake season). 

The exact method depends on the county)- insurance (ask your agent for an estimate)- replacement reserves ($250-300/unit/year)Project income and expenses to the future (e.g. 5 years from now). 3% rent growth and 2% expense growth are typical but your millage may vary.

Expect higher down payment amounts, reserve requirements and interest.