Cash out refinances have a longer seasoning period for most lenders as well! 

The overall inventory is higher due to the season.

At the same time, I prefer to minimize liability, though I’m not a seasoned investor.Is this one of those calculated risks that investors eventually become comfortable with, or should I prioritize limiting liability from the outset?

Investors are almost always the biggest challenge for any group, new or seasoned, but especially newer investors.  

Good luck to all of us = )   Actually I'm a partner with 2 other seasoned note investors and we have our own Reg D equity fund that buys 1st position NPLs and RPLs with a preferred return and profit split to our investors.

Watch how you spend. you'll treat holiday season after October and your summer activity post April very differently. 

However, in Fayetteville, AR (where I moved), the "leasing season" is in the summer.

No idea if it is accurate or if anything has changed since then, but it indicated the following:PROGRAM 1 Owner use up to 2 weeks 50% of Adjusted Gross Standard FF&E in high season & 2 weeks Revenues from the Unit and accessory in low season package required.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

For you seasoned investors, does it make more sense to go to Home Depot and take advantage of their deals for appliances and such, or are there better alternatives for flooring, tiling, and appliances?