When I imagine how I'd start out, naturally, I am thinking about acquiring a local property - probably a single family home because the multi-family units are out of my price range (for now). 

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. 

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. 

Human nature.

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.

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

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.

Yes I have and CFRI Volusia is more specific for Volusia county but like the main CFRI, GOREIA is general in nature.

I won't say bandit signs are a waste, but they are just so "broadcast" in nature.

No matter what you write in your Offer, it's no skin off the Realtor's nose.