If your goal is day-one cash flow, the current high interest rates will make it very difficult.

I only have 1 property under my belt and am currently house hacking my SFH. 

Me and my partner moved from Utah to Maryland for school recently and we have a townhouse that we are looking to rent. we are currently remodeling and changing a few things before renting. what are the first steps to change my primary to a rental I lived there for about two years.

Currently, I live in New York, but I am interested in exploring opportunities in Columbus, Ohio.

The office comprises about 33% of the SF and 20% of the current revenue.

I’m currently house hacking and planning to buy my next property in about 6 months.

Given that the property was worth $390K in its current condition, I saw an opportunity to make the numbers work while keeping my upfront costs low.Instead of increasing my cash offer, I negotiated a $25K down payment with the seller carrying the balance for two years through owner financing.

It's effective interest is similar to Mezz-debt at current rates but a bit lower.   

Last thing, I would strongly consider consulting with a knowledgeable property manager or attorney once you have a copy of the current lease and all of the facts.

4) What's total balance of the current debt?