I'm not technically a "new" member as I joined back in Feb 2021, but I'm still in the learning & building cash reserves stage.

I have ROTH IRA accounts that I could pull 10000k tax free from tomorrow if I chose to I have 30000K in savings roughly My current rentals together cash flow together gives me $1250/month ( this would take to long for me to build up more money in my opinion) I also have the ability to augment  my income at work through overtime I also have enough in retirement accounts to cover the 6 month PITI reserve requirements that lenders require for probably at least more 8 homes 

Only thing we currently place below NOI is capital expenditures by the owner/capital reserve.

Call them up to confirm whether they sell off their loans or keep them.

Even then you need reserves to get you through those rough spots of vacancy, maintenance, cap ex expenditures, and the recent inability to evict.

@Zack Karp Your numbers are right, I just confirmed too.

Meaning take the cash out you need have one loan, rate, payment and most importantly cash in hand -liquid reserves. 

The inherited rent rates cover the hard operating expenses plus a little bit of cash that gets set aside for future maintenance/capex reserves, but no profit and not as much set aside for reserves as I'd like.The plan was always to give the inherited tenants reasonable notice to vacate (they are on month to month leases), renovate the units, and rent back out at market rate. 

Always have reserves, it took us 3 months to find our first tenant.

I plan on having cash reserves for this property.