In general I'm saving for repairs to the property, but we all know that this covers a wide spectrum.

Quote from @Godsheritage Adeoye: Quote from @Robin Simon: Welcome to BP, what type of strategy is the first deal - turnkey or some value add? 

Tenants (like most people) often budget to the limit of their income.

And you are not using the correct terms which is understandable but makes it hard for us to respond.

Instead, the commission is passed along to the investor in the form of increased equity.Most of the time, the REIT has liquidity as an option.

I'm happy to answer any questions you may have or connect you with local resources. 

To do delayed financing or a cash out, you can go conventional where you use your debt to income / DTI ratio to finance or you can do a DSCR loan if an investment property.

Market in a MinuteEast Tennessee home sales decreased 7.8% from the previous month, and decreased 1.0% from a year ago.The median sale price was $371,250 — up 9.19% from the previous year.Total housing inventory increased from the previous year – up 38.3% from a year ago.Half of the homes sold were under contract in 20 days or less, up from 11 days a year ago.40.55% of homes sold for the asking price or above, with 18.77% selling for more than the asking price. 8.04% sold for at least $10,000 over asking and 2.88% sold for at least $25,000 over asking price.The sale-to-list price ratio decreased from last month to 97.5% – down from 97.9% a year ago.New construction represented 12.36% of total home salesData Deep Dive: How's the market?

Stessa for the rentals, Monarch for the other accounts (IRAs, brokerage accounts, cash, etc.)

I’m Alex, I’m looking forward to learning more about real-estate, rentals, and all the things in between.