This should cover most liquidity issues the bank might have going into a refinance and will cover your butt should some big capex or vacancy issues arise.As you scale your portfolio, you can get away with locking into a set amount (say $15,000-25,000 total) that you put aside in a bucket account for all the properties, as it's unlikely you'll ever hit multiple huge capex items simultaneously across all properties that would deplete that fund overnight.

Any Sale (or Lease if § 3.6.2 is checked) of the Property within 180 calendar days after the Listing Period expires (Holdover Period) (1) to anyone with whom Broker negotiated and (2) whose name was submitted, in writing, to Seller by Broker during the Listing Period (Submitted Prospect).

I have a rental property (Previous residence) in WV and the lease is about to expire at the end of April, 2020.

The bill expires in 10 years.

We can afford to pay them but I'm trying to stay as liquid as possible just in case another deal comes along.

You can always defer those capital gains with a 1031 exchange...for life...that expires when you do.

If so, I would suggest you have them search expired listings of homes that meet your criteria and reach out to them to see if they are still interested in selling. 

It's the only tweak in the very simple and std sched E tax calc.

On the other hand, student loans, mortgage payments, stuff with an interest rate below 5%, again, almost everyone agrees that's debt you can work with in reasonable amounts.There's also a broad base of consensus that you need to have a significant sum set aside as a reserve, in easily-tapped resources like cash, sitting equity in your primary residence, easily liquidated assets. 

I want to continue further down this path of real estate investing but I feel that there's an expiration date for me since the W2 will not always have my back.