I.e. the smaller the space the high price per square foot you can achieve (and thus increase the buildings return).

I wish you all the best of luck and am excited to see you achieve your goal by 40.

I've learned here that developing better systems, delegation of work/ responsibilities and building a team is the only way to maintain or increase project flow with the goal of achieving a better quality of life.  

For AC, you need separate ductwork for supplies and returns between the units, separate blowers, and you also need separate cooling systems - condenser and coiling coil; you might be able to use mini-split units to achieve that.For hot water, you need the piping separate for the hot water, and then you will need multiple water heat sources with one per unit.

I wish the best of luck to you and hope you achieve what you're looking for!

I'm determined to get out of the rat race ASAP and with one multifamily I think I can achieve that (much much faster than SFRs at the very least).

Invest all of the $25k loan into ETFs (spread out to achieve some dollar-cost-averaging) and continue to invest 50% of my income (minus the debt servicing cost).

I hope to get to Oakland for the conference to achieve some of that. 

I realize the future of this land is a condo complex, walking the property it has ample room for a 40 unit complex no problem with enough parking.I have some first hand experience with rentals but nothing to this caliber, what would be the steps for me to take to even see if we could achieve this?

At the end of the lease, evaluate the property to see how much money is require to invest so you can achieve that market rent.