Can you shed any light on this?

You could even use this strategy with your extra cash to buy in cash, do light remodel, and then cash out refinance most if not all your equity. 

I don't know you Dave but I take it you haven't read my material, or...you've bought several courses and are mad at the creators of the course because you haven't been able to implement them.

I then went ahead with the light remodel as planned and my wife and I moved into one of the units.

Further, my understanding is that it is possible to create a multi member LLC with yourself and a corporation as members, where you're the corporate official(s) - but we're getting fairly deep into the weeds here.Note that I'm just a lowly landlord who has attended seminars and implemented some of what was taught.

Great book that talks about investing in a different light, not giving you strategies but looking at it from the reader's relationship with money and how their psychology plays into their preferred methods of investingGino

I currently live at the 9th St Light Rail in Hoboken and they are marketing the hell out of the new apts at Watsessing and Bloomfield Ave.  

Completely different process and loan product. 25% down is likely light, but it's market dependent. 

Once you buy your first duplex, it is best to do a light-cosmetic SFH BRRRR or duplex BRRRRR.

Implementing risk mitigation measures like fire-resistant materials, updated electrical systems, and security systems can help negotiate better rates.