I'm currently heavily considering the PRR method (Primary, rehab, rent) where I get a SFH renovate it during the year while living in it, rent it out after the year, and repeat.

In both cases, the tenant should be educated on their responsibilities and held accountable.Even if the water source were a leaking pipe or roof, you should be able to identify the problem, dry it out, and remove the mold professionally within a few days and then the problem goes away.Simply accepting the tenant's claim - without verification - and allowing them to break the lease without penalty is a bad policy that will cost you much more in the long run.

I'd check dates of values and method of valuation.

Understanding the calculation method and concept of each, and learning how to select properties for investment based on yields is important.

My general method is to assume (in the beginning) a sudden and drastic depreciation in order to stress test the financials and make sure the risks are managed properly to my risk appetite, which is quite hedged.

Every house has it somewhere and generally when it happens it is the tenants fault.. or in the case of Ohio basements are basically never ever dry.  

Pick a strategy or method and jump in. 

My method of funding my own projects was using private lenders, so I knew the process fairly well.  

Not as reliable or accurate as the above method. 

I am trying to continue acquiring properties using this method and also learning about other methods as well, but I wanted to come in here to seek some advice from professionals that I'm willing to learn from as I am barely starting my real estate journey.