Got a statement every month from a very reputable, conservative firm.

I would venture maybe $20k total, conservatively. 

Very conservative approach that protects the seller.There is a long thread that covers what I'm talking about atPace Morby Mentorshiphttps://www.biggerpockets.com/forums/79/topics/1001612-pace-...  

I focus on finding deals that meet specific criteria, and I always keep my underwriting conservative to make sure the numbers work even on a worst case scenario.Right now, my big goal is to land my first property, ideally 20+ units in Florida, and build a strong portfolio from there.

I would advise running your rents conservatively and vet property managers properly before signing anything.

be sure to stick to your 70% rule for the flip, know your numbers. run everything conservatively. overbudget for time and costs but 15-20% Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

It’s difficult to find levelheaded conservative advice.

I recently helped one of my CFO clients do a cash out refi on a portfolio of SFRs with a conservative Midwest bank that did an 80% LTV and DSCR of 1.10x.

You are being very conservative to avoid making mistakes, and that is a rare, admirable quality in real estate that is often undervalued. 

As long as you run your numbers and your estimates are conservative, you'll do okay in the long run.