Long term hold, would do anything that makes sense but long term goal of multifamily!

Quote from @Carl Rowles: That makes sense.

Here’s how I’d approach it:For the 9.5% Loan: Refinancing into a DSCR loan makes sense to lock in a lower fixed rate, especially if your goal is stability and better cash flow.For the 7.25% Loan: If the local bank's investment HELOC offers a competitive rate, consider it for flexibility.

This is why you don't see a bunch of national chains near main street- numbers made sense compared to other regional destinations (Gulf Shores, Smokey Mountains, Galveston, ect.)

For the reasons stated above, it made sense not to advertise the loft as a bedroom because there's no door and considerably less privacy (we do have egress via large windows).

I'm not familiar with Detriot, but it looks like Cleveland would make more sense in the 150k price range 

If the numbers make more sense on the 6 unit, then maybe look into selling your duplex and doing a 1031. 

What you say in your post makes a lot of sense. 

I would just treat it like a normal deal if the numbers make sense.

This makes sense and I appreciate your input.