. #1 takes priority.3) Hold healthy reserves for both.

Typical timelinesMy ultimate goal is to make they they make a healthy profit, help me better analyze deals, and we win together.Zach

And since the borrowed money is fixed, and assuming healthy and stable occupancy is possible, the cash flow performance can mostly be influenced only by raising rents ahead of rising operating costs over the years.So...

Did you have a hard time maintaining a healthy relationship with your friends while being their landlord?

Apart from these percentages, healthy cash flow (i.e. income at least 1.5x monthly expenses) and the wiggle room to afford a visit from a handyman or a vacancy here and there are both soft metrics that I would focus on. 

She seemed pretty healthy and with it in the photos.

But don't worry...plenty of people have lived long, healthy, exciting, fulfilled lives on far, far less than $10K / month. 

Here's a healthy discussion of Pace Morby specifically.https://www.biggerpockets.com/forums/79/topics/1001612-pace-morby-mentorship

Thank you for your feedback in advance , be safe and healthy.  

If the student has a lot of money and a very healthy balance sheet and banking contacts that is as importnant if not more so than knowing the difference between a header and a joist or in what order you build the house in :)