Then those blasted termites...The 1 month rehab stretched into 4 months. 

Sharing walls with tenants is not for everyone, but you will be able to stretch your dollars much further if you are willing to owner occupy your multi-unit purchases when you start out.

Was undervalued by any stretch of the imagination.

I had to pull off the road at least 8 times to stretch and adjust my braces.

It’s really, really stretching reality here.

With how low interest these rates are, it makes more sense numbers-wise to stretch out loan terms as long as possible and invest any additional funds instead of using them to pay down the loan. 

They are not "passive" income by any stretch. 

With this being said I have three questions.1) What would be the most beneficial way to structure the deal2) Is it better to refinance as soon as possible or stretch out the seller financing as long as she would be comfortable with it3) How to enter a deal like this into the BP calculator if I am not getting a traditional loan right awayThank you in advance and I really appreciate your time.

I am no veteran investor by any stretch, I would just like to get the gears moving in the brain. 

It will get even more complex if Washington gets rid of the ability to stretch.