I am a roofing contractor now and understand there are multiple trades when doing this, however, I wanted to get a better idea of which trade comes after the other.

I’ve been tuned into Bigger Pockets podcast for sometime now and learned a lot!

This 4-bedroom, 1.5-bath brick bungalow is currently tenanted with a long-term tenant of 5+ years, generating $900 per month on a month-to-month lease.

Do you have a lawyer or agent representing you?

@Eric Fichera Buy A/B  located properties, keep up with all local permitting & licensing, use a well drafted and fair lease, don’t unreasonably withhold deposits and be a responsive landlord or hire a responsive PM and you won’t have anything to worry about.

I feel I am ready to invest again, maybe doing a BRrr method with cash out refinance or perhaps a flip.

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments. 

Other than saving a certain amount from each rent payment (for taxes, insurance, PM, general repairs, maintenance, Cap X, and vacancy), does anyone have a rule of thumb for what a good amount of reserves would be for a SFH or any 1-4 unit property? 

However, my personal residence has a 30 year 5.875 fixed rate.

On either an A class property or a commercial building, I would do preventative maintenance, but beyond that I wouldn't worry about it.