What amounts of each just depends on how much I am willing to pay but by bringing those denominations you can be pretty flexible.

But to put 55k down and cash flow at 500 a month and building equity in a home year over year is pretty good returns.Now those are all basic numbers on a buy and hold, your intentions and time frame might be different but that is just same Raw info on it. you may be looking to flip or get those 25% cash on cash that all depends on the individual investor !

Your strategy will depend on your goals.  

Reserves of 4 to 6 months depending on the size of holding is something that would be a good idea,, you never know when a eviction, turn cost, or unexpected repair is going to be a cost issue.. and new landlords aren't usually prepared for them.

Essentially, a “subject-to” contract is a purchase contract that includes a clause stating that the home sale is dependent on the buyer or seller meeting a certain stipulation.

Kabbage approves you in minutes. to be clear, he's speaking about the monthly payment, not the interest rate. a typical LOC will charge you 2% per month of the balance. depending on the interest rate, it comes out to about a 5 year term

Forgot to mention that whether the vacant land qualifies as an "investment property" depends on the purpose for which you bought/used it.

I have two property management referrals for you, depending on what style of management you're looking for:Real Property Management North Puget Sound - Larger company that is part of a franchise.

I replied that which vendors are chosen and used, depends on what's required/available at the time and at the landlord's discretion. 

Hi @Christie GahanIt's going to depend on how it was zoned, and how it shows on title.