Use city-data to see where the low income and below poverty areas are.

Hello Colorado BP Members,I'm nearing the end of the my studies for a Colorado Broker license, and I'm looking for a low cost brokerage to hang my license at to meet the 2 year requirement.

Housing and Urban Development today announced HUD will speed federal disaster assistance to the Commonwealth of Puerto Rico and provide support to homeowners and low-income renters forced from their homes due to Hurricane Irma.Yesterday, President Trump issued a major disaster declaration for Culebra and Vieques municipalities.

I think your numbers for repair and tenant replacement are too low..  

I watched a webinar the other night by bigger pockets and the presenter showed a buying houses for a low cost (75,000) and renting for about 1000 USD.  

Home Depot, Menards, and Lowes all sells very inexpensive plastic miniblinds.

The one with long term tenant was at very low rent, $800/ month!

The spread enables me to get low or no cost insurance.Lastly, this isn't my personal example but my partner used notes to pay for the addition on his house.

THat CCR is low isn't it.

Ask around and compare to other similar associations.Then I would see if these reserves are adequate in light of the real needs of the place.For example, does it look like the place has some major capital costs coming (roof, parking lots, windows/doors, decks, HVAC, siding, grounds, common areas, etc)?