Do people just have a capital account that they keep at a certain level and replenish from the rent from all of their properties when it dips below a certain level?  

Howver, we are buying below market $40K.

I want someone who can easily and accurately calculate ARVs on prospective properties and who knows how to select homes that work financially for flipping, i.e. are priced below median price per sq ft, etc..Agent must be local to Vallejo, I need someone who know the neighborhoods really well.Any agents out there who can help me?

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

We have some apartments in Texas and were able to get a rate just below 5% I believe.

However, since we can get this property so far below market value the deal is worth it to use to buy, provide notice to the tenant, move them out, then resell at a substantial profit. 

Below are some links to get you started.

Below are quick links to get engaged on this site.It's good to hear of your tightly coupled (no pun intended) partnership with your wife.You mentioned building a portfolio of properties and I suggest listening to podcast #151 if you haven't done so already. 

Anything you negotiate below my investment criteria is just gravy for you.

Below are some links to get you started.