Total $550k assembled. How much of it to keep for reserves?

[Dennis Nikolaev]

Thank you for opening. 

I'm in the final stages of assembling several HELOCs to total 550k to buy an OOC multifamily. I'll be looking for an under maintained property to reposition.

I know, I need to split the money into the 3 piles.

1. Purchase 

2. Rehab

3. Reserves 

The reserves are mostly designated for vacancy period during the repositioning.

How would you split the money?

P.S. it is my first foray into multifamily.