We do not require our clients to provide reserve funds. We try to keep the accounting simple for our owners by paying for expenses related to properties from the rental income. After tenants pay their rent we subtract expenses incurred during the prior month and disburse remaining funds to owners on the 5th of the month. If the expense is incurred after the disbursement is sent to the owner, the outstanding balance will be deducted from the rent collected in the following month. Of course, we always abide by the maintenance spending ceiling you determined, obtaining your approval in advance for any non-emergency costs that may exceed that amount.