I have looked at a few houses so far with my realtor, but I quickly realized I wasn't accomplishing anything due to the fact that I am not really experienced in estimating rehab costs and that is a vital component in the formula of house flipping.

I could definitely get into a turnkey property in any of these areas but it wouldn't align with my financial goals.2.

This (above) is the chart for apartments, which most closely aligns to single family. 

You should be able to just remove the components with refrigerant.

The truth is if you align yourself with the right people who have a proven system and business in place then you should do just fine. 

Downside to local banks is they want full recourse against you and short term financing of 3 to 7 years.There is no money for a broker transacting low end commercial with a value add component.

They could owner finance someone at a higher market cost with money down.A transaction happens when a buyer and sellers goals can mutually align upfront or through intensive negotiations.

GL protects you from everything else, work comp only protects you from worker injuries.Be careful on homedepot guys, they are wreckless, only asks for cash/hr, doesnt know what employment are always lazy. 

Could be a shower seal, drain seal, water heater/ ac component, toilet that overflowed or kids flooded the bathroom.

@Gary Parker   Yes, I definitely understand that, I actually hand wrote one letter aligned with the yellow letters, and scanned it and am going to print them out at home and just fill in the blanks for now.