Not only did it feel like MFM was knowledgeable and experienced in the multifamily space, but they also teach you about mindfulness, the importance of having the right mindset before taking on anything in life.

I'd recommend holding and rehabbing it, but I think more information would be important to give the best advice here on this one.

(Less important if the property isn’t worth much more an they paid and they haven’t owned it very long.)  

It's important to choose that one and commit to using it.

Quote from @Arron Paulino on Paulino:  Paperwork is very important in this type of transaction, but so is Escrow and Title as well. 

It's important to note that interest rates for land loans may be higher than those for residential homes.Utilities and Access: Many rural lots in Fairbanks are off-grid, so buyers should consider whether they need to drill a well, install a septic system, or bring in electricity.

However, it’s important to clarify the reasoning behind this shortened lease term to ensure both parties are on the same page, as it could lead to confusion later.

ya absolutely. most people just recommend multi family because it allows you to offset your income while living there without having roommates. also they tend to cash flow better so if the plan is to do this year over year making sure the rents cover your DTI when you move out is very important.

This is SO important BP - if you are an all star investor you will have access to TONS of capital. 

If you listen to the end of Powell's speech yesterday the most important part was rarely commented on by the media which is when he said, We will continue reducing the balance sheet. translation, They are continuing to let Mortage backed securities and US Treasuries roll off without renewed purchases.