The designation of commercial multi family is a little bit broad however because for instance I’ve just started investing in commercial multi family and am purchasing 5-12 unit buildings.

heloc terms are not the same as fannie mortgage terms (like @Chris Mason mentioned)for instance I have a 90% heloc on an old primary that was ZERO cost, and the rate is prime -.001%. this additional LTV might help your cause. a heloc is also not necessarily due once you move.

I’d look more at the properties long term potential, without knowing anything about the la market or this property, I wouldn’t trade all thing equal a property in la for a bunch of row homes in west Baltimore for instance, however I’d trade just for example a property in a rough part of la for a property in Montgomery county Md.

They are more flexible than both commercial and conventional loans, while still offering 30-year terms.Most of our clients have opted for DSCR loans since rates have been on par in many instances and they’re usually much easier.  

Another instance of why we avoid HOAs like the plague....

I'd be inclined to follow your PM's guidance in this instance but stay on top of things.

Not a CPA or tax professional.I’ve never audited every single line item of my S-Corp tax returns for over 18 years, and I’m truly curious why it really matters in one years instance, what corporate account was used to conduct business, as long as the financial information is accurate and correctly reported from said dedicated business account.This should be a separate issue from proper and legally correct business operations, ie a checking account with correct tax ID, no outside commingling of funds with self or other business entity.

I've never taken it, for instance. 

For instance… could I fund 10 flips at once if I had the deals lined up?

For instance, they're opposites in terms of liquidity, physicality, age of the business model, volatility, etc., etc.  ...and, my impression is that they're also opposites in terms of the mindsets of the investors (e.g.; many RE investors have comparatively longer time horizons, and I would assume that most RE investors have a lower tolerance for risk).I'm a RE investor, and don't have any crypto, but I have plenty of friends who hold a lot of crypto, and we've discussed crypto endlessly...At the risk of sounding like a luddite, even after years of discussions and reading countless articles, I still don't feel like I have a good understanding of crypto.  ...and frankly, I'm skeptical of people who claim to have a thorough understanding of it (yet, there are no shortage of self-proclaimed "experts" who describe crypto with the confidence of someone predicting a sunrise!)