I guess my question was more about applicant screening, how have you/have you adjusted screening criteria for applicants to mitigate risk of getting a tenant who may be unemployed in the near future and then you’re stuck footing the bill out of your reserves?

Just a heads up in case your listing agent can make some adjustments to best reflect your property as people are viewing the online pics.

Question: are you keeping 10% of income for cash reserves or have you adjusted since acquiring? 

Your denominator is $25,000 (down payment, closing costs and repairs upon acquisition)You numerator is rent less the remaining expenses ($1,400 - $963) = $437 x 12 = $5,244 I would adjust vacancy and capex to about $250 (from $160) so $347 x 12 = $4,164.Is this a SFR?

Hello all, I'm a passive investor, my main business is in adjusting insurance claims as a public adjuster.

I think, with more time and experience your views may adjust a little.

I'm definitely going to talk to a lender and CPA and try and get my finances adjusted when i file my 2020 year.   

As mentioned, there are other strategies to achieve a better risk-adjusted return (lower risk, higher chance of a higher return) than SFH. 

According to a report by the Austin Chamber of Commerce, Austin's seasonally adjusted June unemployment rate is 6.4%.

(and then later adjust leases so tenants pay their own utilities) It's a significant extra cost, though I do like the idea of the combi units in principle.