But yes each situation will produce evidence that a jury or judge will look and there is no short answer.

He contracts with with the old TV station as well as other through syndications and begins producing shows.

The smell was incredible, burned my throat when I went in there!

Its certainly not the massive junk mail some produce.

Not much I can do to fix that one, since the neighbor has produced a higher section ...

“The new software [Rental Property Manager] did not produce any late notices and is not able to be interfaced with Quickbooks.” – E.E.I hope you too will turn to QuickBooks since it is a real business accounting software package.

If you have a newly built home in a booming rental market that cash flows very well, your cash reserve probably doesn't need to be incredibly high. 

I'm one of those guys who likes to take care of the financials, collecting rents, showing properties, etc. sidebut Im not a huge fan of getting stupid calls for small fixes so this would be beneficial Sure, I have friends who like to mix music but don't like to produce it and vice versa.

My brother is my investment partner and we have a 50/50 interest in the costs and income produced from this property.

I've always been narrowly focused on acquiring long-term buy/hold in my backyard but the cash on cash is incredibly hard to justify today.