How did you incorporate the funding fee PLUS the closing costs?

For example, they won't need to cover your personal belongings (furniture, clothing, etc.) because you won't be living there.A landlord policy should cost about the same as a homeowner's policy; it just changes what is covered.

Additionally, the cost to create a business here is not as inexpensive as the United States, in some cases it can cost thousands of dollars to setup. 

It would cost a lot to get the planning approval and do a complete renovation of the 2 units.Can anyone suggest what would be my options at this point?

Funny enough, I was going to suggest you move out of SF due to the high cost ;-) I'd suggest going down the SF condo route to start as financing for commercial units is a lot more difficult than residential properties.

Oil heating costs are outrageous and you also have to deal with leaking tanks which can be a nightmare.

It’s usually best to open a separate business checking account so your rental income and expenses stay organized and away from personal funds.

It was a great crash course on the basics of a RAL business from location, staffing, patient selection, and branding.

It wasn’t an easy path—in 2014, I even filed for bankruptcy while trying to launch a business.

Wholesaling is a great low cost way to make a lot of short-term cash, but it does not build long-term wealth.