Mortgage lenders will qualify you for a higher purchase amount for multis than they would on a single, because they will count the rent you will be making on the other units as additional qualifying income for your loan application.

If things work out, we'd like to have at least 1 additional property before the end of the year and have 8 in 8 years.

Incorporating a washer-dryer hookup in the main house could be advantageous.This addition not only increases the convenience for potential renters but also adds value to the property itself.

Additionally, make sure you’re familiar with local property laws and any regulations that could impact your investment.I agree with @Jason Wray that you can easily find a cash flowing deal under 200k. 

Additionally, I'm hearing at meetups that this could extend to multi-fam under 4 units as well, although I haven't been able to confirm.I work exclusively with smaller investors in the multi family space and would be happy to chat more about it.

This ensures you have a clear picture of what repairs are needed and helps avoid surprises during the rehab.

This ensures you have a proof of concept to show the commercial appraiser.  

The good thing about condos is that no permits are required; you only need to ensure that county zoning and HOA allow for it.

Most likely a "discount listing" Owner pays realtor a small amount upfront to add it to the MLS.

The "lump-sum" will now cost us an additional $41.45 in interest every 10-months and we will need to make a monthly payment of $304.16 into the LoC to ensure the 3000.00 is paid-back.Our interest paid would then become:  $43,031.89 + (41.45 * 21) = $43,902.34.