Since I am a first time investor how do I assure myself that I am analyzing my CF and other projections correctly and accurately?

Because of that I can't accurately quantify vacancy, which I expect to be 15% or higher. 

The only one that is totally accurate is the record of deeds which you may be able to research yourself but more likely you will need a title company.The fact that it has been winterized and there're notices printed on the door and an asset management company listed tells me that a big bank owns it.

I think using the term "bubble" is not entirely accurate.

Your picture was helpful if it is accurate. 

There is a location where like minded investors gather in Lake forest every month that you should check out. 

A very important skill you need to have is to accurately estimate ARV and rehab costs.

Account Closed  I think your point about commercial broker taking to their best client is so accurate. 

First step would be to gather all documents and seek death certificate, which will be needed to have the discussion with any of the financial institutions involved.

Nicholas,Before replacing a toilet, measure the rough in or make sure your plumber measures before buying.To measure accurately, measure from the wall–NOT the molding–to the bolt caps.It seems weird that you have 9 inches to the center of the flange.Why not just return the wrong toilet and buy a 10 ".I would avoid cutting into the wall, any time you jury rig something it will decrease the value of your house.