Avg rent with this criteria is $1850+As far as reserves, I am saving about $4k/month, however, these funds were going to go towards my next property so I guess the answer would be no, I do not have separate reserves set aside for big expenses. 

@Scott Bowen Any specific market you are referring to?

, having an elevator pitch of what you are specifically looking for, and being ready to pitch yourself and your idea when you have the opportunity. 

Three are VA loans.Using your VA loan is a great way to get started.Message me if you have any specific questions.I wish you all the best.

I’ve had lenders that can budge, some are firm in price, it’s really property specific.

For a more specific answer. 

From Pompano Beach Florida to Nicaragua to Venice Beach California, Port Orford Oregon & North Baja California, proximity to the ocean is my leading investment and location criteria.   

Are those around the whole country or do you guys have a specific location?

If I were you, I would contact a few, interview them, and select the one that is the most knowledgeable regarding your specific situation and investing goals.

Here is a specific example of the calculation as I did it in the beginning.