I suppose the things you mention could happen, but many of the 'things you put in the contract' are put there because one bad thing happened a couple years back and the attorney recommends it to prevent that bad thing from losing you money.

I am really just interested in system/brand recommendations for converting to card.

I highly recommend you print, read, study, highlight, and keep this document handy.

I recommend spending 30 minutes every month watching the rent rates in your market so you always have an idea of what yours would rent for should you have a surprise vacancy. 

We have low supply and pent up demand, the same as anywhere else.

I recommend checking out Omni's Cashflow Breakfast Club (there are a handful across NOVA).

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best

Currently, we have a commercial policy with State Farm but when our lawyer reviewed it, she recommended we increase our medical liability coverage.

I will be putting anywhere from 3.5%-5% down on the property so with that in mind, would y'all recommend starting with a Multi Family and reduce my living expense or with the SFH and not cash flow until year 2 when I am out of the property? 

Haven’t quite figured out how the math works yet on that strategy…Dennis, patience is a great recommendation.