Another resource is Rod Khleif's book, How to Create Lifetime Cash Flow Through MultiFamily Properties, and his associated podcast.

@B Ryans @Kevin DePass @Russell Brazil-It took 8 months to get plans through DCRA-It took 13 months of construction (with associated holding costs).

@Jonathan Bukowiec it will show you your transaction history, however i just transfer money into the account associated with that property's tenant.

What are the things you both agreed were associated with your highest level of happiness,  and the associated spend that added up to around 7-8k in necessary cash flow?

Think about the possibility of capital expenses that may come up and call your insurance agent to find the difference in any costs associated with the rented place.If you buy a new place you might get an income break with the depreciation available on the rental property.  

This piece of property has water rights associated as well as backs up to a 50,000 acre parcel of land that is well known for off-road use.

1)  I use a one page contract with basic info on it for sellers because the standard California contract from CAR (California Association of Realtors) is super long and intimidating.  2) EMD taken out of purchase price.  

Tenants will be responsible for all costs associated with any repairs up to $500 (or whatever number). 

Article on Market-Watch:https://www-marketwatch-com.cdn.ampproject.org/c/www.marketwatch.com/amp/story/guid/E5127276-1A17-11E7-8755-9AB7B5C1C318Spoiler alert:- According to the mortgage bankers association, the average size of a home loan is at the largest in the history of the survey, which goes back to 1990. - Larger mortgages reflect not just more expensive home prices, but also more leveraged ones. - The 20% down payment is a relic.

associated with obtaining new financing.