Currently, the reservations are averaging $2500 net a month.

Between working to build up a good sized cash reserves,budgeting, and trying to get a line of credit I feel as if there is more I can be doing to better prepare myself.

I confirmed that anything left was abandoned and we could dispose of it.

There are definitely here money lender’s that will work with you on your first deal if you have adequate cash reserves.

Then I would ask for them to have their Insurance agent confirm in writing that the policy covers roofing. 

It was a lesson learned, from now on everyone will book through the apps so that the dates are automatically reserved and appropriately labeled! 

Thats kind.In another recent thread on DSCR lenders (google able) basically commercial lenders for 30 yr fixed rate rental loans that do not depend on your income (DTI), low reserve requirements vs FANNIE (AKA Bank loans) and today insanely low interest rates;    - lendinghome - easy to apply and mostly automated application and underwriting system. 

This prompted me to ask my agent to verify that those parking spaces were included in the deal and she said yes after the talking to the owner's agent.The problem is that I received confirmation verbally and I have come to realize I never verified that it was in writing.The PM next door now wants those parking spaces for their tenant which will leave me with only 4 parking spaces for 4 units that are 2br/2bath.It realize I made a rookie mistake for not verifying this in writing so I am now evaluating cost and planning to expand parking space in our property but I wanted to know if you can share some of your wisdom and see if there are other ways to approach this situation.Thank you for reading.

I would love to confirm actual price as well.

Have you spoken to the prior owner to confirm no notice was given?