You're doing the right thing by getting your feet wet with wholesaling, let that flip come naturally don't feel like you have to force it to happen because that's a whole nother ballgame.

I like the idea of it being a very Red state, nature activities all year round and I think that areas like this are scare and will continue to appreciate if they continue to keep their beauty and policies. 

This is not the first time I have heard of issues of this nature as many of the investment clubs I am in are seeing GP's stopping the issuance of dividends and performing cash calls.Lastly, if you are a single family investor and thinking - who cares this is commercial, recognize commercial real estate has a significant impact on residential real estate since it will lead to banks being more strict on lending and a drop in rental rates on MF will make its way to residential. 

Human nature.

How do I account for the expenses that are general in nature, as opposed to for one particular property?

There's low barrier to entry in terms of effort required to purchase stock and naturally more people are going to do it. 

For instance, a claim filed under a federally declared natural disaster is most likely looked at very differently than a claim for a leaky pipe. 

Or Ohio Dept of Natural Resources may have guidelines about setbacks, etc?

Wanting tenants to cover damages and missing rent is natural, but legal action can be a costly and time-consuming route, especially if they lack the means to pay.

I ultimately settled on Kansas City and that's where I'm planning to buy in the next few years.Being Very Conservative with Cash Flow ProjectionsI'm an analytical person by nature, so the whole process of analyzing potential cash flow from a rental property always appealed to me.I've always been extremely conservative when estimating cash flow projections.