How big of a property can you buy while still having adequate reserves for unexpected repairs?

The housing development could have a positive or negative effect depending on the nature of the tenants.

They should require that the HOA maintain adequate insurance to replace and repair the buildings and common elements.

However, to have natural light, we bought the front door from Home Depot that has glass in it with a built in shade. 

Most landlords (should be all) ensure their tenants have adequate notice and stack appointments to limit the impact on them.

These loans are a potential way to get started in REI, but by and large, their "low-income only, and if you have savings, you can't get approved" nature screams "2008 all over again".

That's not that unusual and your accountant can change the address and definitely the basis of the property to reflect its improved nature.2.

Look, I'm gonna give it to you straight, we flippers are natural born risk takers, there is no such thing as a "safe" flip, maybe in hindsight but not at onset, at start it's more like ballroom dancing in a minefield than anything else. 

I'm still learning the terminology and laws about titles and things of that nature so when you say "quiet title," what does that mean and regard?

Rentals seem a natural fit for this as a long term strategy, but in my experience a balance of flips and rentals allows for a bit more flexibility.