Then eventually the excess cash flow can be distributed.How should I structure the deal with the family member? 

And although our numbers are up, it still takes an excessive amount of work to find these opportunities on a consistent basis.Anytime I'm in a rut in my quest for deals, I always remember that thing my parents told me, that so many other kids heard from their parents growing up too: "It's not what you know, it's who you know."

For instance, if I stashed away 10% of the property value or a certain fixed amount in the account, can I then start diverting funds to a general account and snowballing the excess funds onto individual properties or as personal income?

Excess cash.

Funny, as your reserves and dry powder levels drop down from cash buys, you work smarter and build them back up organically.I may not be the one to ask. 

Tenants don’t give a crap about keeping your place dry and seem to hate that fan like the plague....

After title clearing, purchase of property, excess fees, your profit quickly shrinks to several thousand dollars.

There was a recent BPMoney podcast on dealing with excessive student loan debt.

I would not presume to advise you on what you should do, but if it were me, I would address the source of moisture, remove all affected soft surfaces and treat all other areas with a 50/50 bleach/water, let dry and apply at least one more time.

Real estate will provide me the final missing piece of cash flow in excess of my lifestyle’s expenses.