For example, an additional $5,000 in loan balance will increase your monthly payment by slightly less than $28.00 on a 30 Year Loan.

I'm interested in meeting others in the area and I'm particularly interested in increasing my deal flow (hola wholesalers).

Prices have been increasing consistently in (or around) the double digits year over year, which should tell you something about demand.

Hence potential pool of tenants might increase causing more demand for rental property and hence rents would increase correct?

Some of his requests include asking to spray his exterior wood pile for spiders, replace a dryer knob, replace working doorbell, and increase flow of refrigerator water line.

You can do this 3 ways - decrease spending, increase income, or both.  4) Set goals and stick to them.

Some investors have money and are looking to make strategic purchases, knowing values and rents will increase over time. 

My cashflow will have increased though by maybe $4 - $5k/mth and would have to wait a few months before I have another 20k saved up for another down payment. 

Or see if there are ways you can improve expenses since Cashflow can be improved by lowering costs or increasing revenue.Personally, I dont have enough experience to guess. 

You will need to make sure weekly, monthly, quarterly and annuals goals are met, vacancy is kept to a minimum by either increasing your renewal rate or always marketing, keeping a tight watch on all R&M/capex as well as managing your cash position.