I think its a faster connection when they see email from FF rather than reaching out directly at first. 

The faster you figure out how to get a different contractor to finish the project, the better things will go.

A designer might help you reduce costs and get the property up and running much faster than you could on your own so you have to look at the numbers on a larger scale. 

Corporations with 100's of millions of dollars and endless resources couldn't make this work, I see no scenario where a random dude can succeed where they failed.That’s completely fine, if I were you Id be at  least as skeptical.

My rate was fixed but if I needed more money I'd need to pay down the balance then if I draw more it would be at the new higher interest rate.

Numbers show 2 units appreciate higher and faster than 3 and 4 units.

Any seller would be incentivized to offer a buyer commission (unless they're in a. tough financial position) because otherwise their neighbor's house will sell faster than theirs. 

In my eyes, it's fair as even though I'm fronting the capital, the split in equity is worth it as it gives me more time to run my other business, plus we can do things faster with two of us, plus at this point of my REI journey, I don't have the skills/experience (yet) that he does with the construction side and for him, he values not having to manage the finances.  

Hi Marco will the refinance be at the appraised value right away or does the property first need to be seasoned for the bank to recognize a higher value than the purchase price?

This can be a very expensive mistake if you don't make the phone call to check.I am not going to choose sides or define multi-family because the original post didn't ask that and also because the answer will vary from one town to the next.I encourage any current or future readers of this stream to look at the original post then follow the advice I have given and will repeat one more time - if you don't know 100% for sure if your intended use is allowed whether by change in use or grandfather status, then call the LOCAL code enforcement office, explain to them your specific situation as well as your intended use, and let THEM advise you.Disclaimer - this is not to be considered legal advice, but I am beating my head against the wall explaining it because it is an elementary lesson in real estate.Best of luck to all.