You sound like a trustworthy guy!!!

If my AC goes or a tornado hits my rental, do I have that emergency $ to cover the replacement or deductibles?

@Joshua Smith, the tax payer has to be the same for the relinquished property and the replacement property.  

Sounds like you're on a solid path Edward.

Now, my partner and I only invest for ourselves.Invest in a 250-unit apartment sounds cool, but you're talking about 100-unit turnover per year with 5% vacancy assuming each unit takes 1.5 months to rehab, marketing and lease up.

Sounds like a house you either keep for a rental or flip for a big profit.

Your numbers sound good but do as much homework as you can because most people lose money on the first house they try to flip.

Is there anything I can do to estimate repair costs although it sounds counterintuitive because that's why you have professionals.

@Luke PetrozzaHi Luke, that sounds great and exactly what I am looking for.

I am wondering what colors would work replacing the dark green and the brown garage door.