Also I understand the funds aren't available for the improvements so that is another obstacle that has me leaning towards price reductions to move on as soon as possible.The exit of lower tier SFH's is something very few investors care to consider when making their investments but deserves far more consideration. 

I understand that they would all be considered unrelated even though two of them are cousins. 

But I also understand some people don’t really care about the cash flow as much as the security of not having to worry about a vacancy or whatever.

I understand that I need to account for taxes, insurance, and other costs—Should I go with a LML and then do a refi later on?  

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

Not only do some landlords allow their personal and political ideology to be in the mix, but many do not understand how to manage this population.

I understand I'd take a pay cut being an agent for the first few years, but in exchange, I'd be learning about the market and building a network as I move towards Commercial multifamily.

It’s also helpful to connect with investor-friendly agents and lenders who understand your goals.Good luck!

@Andrew Slezak I'm working through the Sec8 process for the first time so take this with a grain of salt, but my understanding is they will pay the lesser of the following two prices:1) the market rent of your property, determined by comps, and2) the FMR minus any utilities you don't include.

Just remember that wholesaling is much tougher than all the gurus make it seem to be, but not impossible at all if you create the right systems and understand, when you are new, that you are solving problems, not throwing cash.