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Are You Cashlo Positive on Day One?
When you go out there and look for these deals, are you trying to figure out if you're going to be cashlo positive on day one? And is at a requirement for you to get into a deal? In many cases, yes, in buying properties that are could rent to day or maybe are already occupied. You want to always have some vacancy reserve set aside for me,. i like to use anywhere from five to ten % of the rent roll going towards a vacancy pool.