Cash Reserves For Rentals

[Sam Lofton]

Hi Everyone,

     How much cash do you recommend saving in reserve for each of your rentals? How do you divide that reserve? (Ie 6 months of vacancy, X amount for repairs, etc).  I'm new to this and currently have 2 rentals. My thought is that the more cash flow a rental produces, the less money you need in reserves but I'd love to hear other peoples' opinions/advice. 

Thanks in advance,

Sam