In my personal opinion, if I was renting a room with a group of roommates, I would want more than one bathroom for 4 rooms.

If you have skills that can save you money, by all means invest the time.other value was by creating a 5th room in the unit.

How hard will it be to bet appropriate permits for the alterations (2 rooms and bathroom). 

As you can see, even these two formulas leave room for interpretation.3.

Property 2 does not have enough room to refi and your rate would increase quite a bit.

So we bought into the idea that it’s a great investment. we went non contingent over asking but just not happy with the way the deal went .. reluctance of our agent to spend time on the property  and when we went for inspection with sellers inspector the seller agent was present and that didn’t give us room to ask questions and really inspect and feel the property to our liking… I am not sure if it’s just a feeling that goes away or will this be a terrible mistake .. earnest money is also a very large sum

If they aren't too bad, can use the money to get a mortgage, rent a room in your house and use that income to pay down the student loan, you may want to think about it.

You could try getting a personal loan, they are a bit more flex with income and could give you some starting room.

I’m under contract for a 6 unit with room to expand into a 7th unit for $420,000.

Buying a primary residence requires the lowest down payment and will get you the lowest available interest rate.If you don’t want to move again then your next best option might be to buy a new or almost new single family home in a fringe area like casa grande for $300k.