I've been able to manipulate the data in some way to get it to positively cash flow (rental incomes higher & lower purchase price), but I guess the question is how do I know what is too aggressive when it comes to adjusting prices during the analysis phase of a rental property?

Would I be wrong to assume that I can be more aggressive with the equity build up if I had a shorter reset period?

Try to talk to some lending programs, there are a lot of aggressive lenders here on BP, but for 130k and your income in CA, I don't think it is hard for you to get one, maybe bring someone with almost perfect credit score and you might hit the jackpot.

Without seeing the toilet in person, it's hard to determine, but toilets can leak via the wax ring, which was just replaced, or it can be from the tank itself.If it's leaking from the tank, you would notice it being wet or dripping from the supply line running into the tank.  

A growing population base and legitimate constraints on supply make the single-family housing market the most attractive.5.

I'll be happy to supply the FL lease addendum requiring renter's insurance if you e-mail a request for it.

Many of the new Class A units coming online are offering large discounts and deals trying to fill what you term a "limited supply".  

Is this implying that these markets are now greater in supply than demand and are thus reducing in value?

The former is always at risk of overshooting w/supply and rents coming down if there is a pullback.  

Once I start having a steady income from work and I'm able to stay in one location, I'll resume investing in real estate with slightly more aggressive approach.I don't have much desire to flip houses, I'm more interested in long term buy and hold wealth accumulation.