Even if you ask everybody to take one bill each, so as to keep things as balanced as possible, would you ask one to take over the Garbage coming out of their bank account, and another one to take the Electricity?

Not looking to game the system and using the property for ourselves is part of the plan as it's where we normally vacation anyway, so considering that the 10% down payment is much more appealing if we are able to balance out the rules and keep the cash flow positive. 

Speaking as a lender (not investor) with some experience in small balance commercial lending, I can tell you that it is likely going to be tough to find financing most likely as a lot of commercial lenders tend to stay away from churches, although could be more favorable if the building is true retail/office rather than a structure built specifically in the style of a traditional church (i.e. hard to transition to other tenants if needed)

I've been house hacking since 2014 in a duplex that I have a 3.8 mortgage on with about $175,000 principal balance.

Abdul - Proof of Funds (POF) is used when making cash offers and is as simple as printing out your bank account balance showing that you have the money in your account/name to cover the cost of the purchase.  

My account balances literally never match what Quickbooks has in its register, so every time I fire it up I have to decide if I want to spend a few hours doing bookkeeping or just ignore it and wait.

I will just have to learn how to balance that with hiring contractors to keep the ball moving quickly

That means shorter loan terms, higher qualification hurdles and floating rate or balloon components.Finding financing for multifamily properties in the 5-10 unit range typically means local banks and credit unions, or small balance commercial lenders.

Property 1: 276k balance, 450k BPO, monthly cash flow average $500 Property 2: 376k balance, 700k BPO, monthly cash flow average $450Property 3: 420k balance, 650 BPO pre garage, monthly cash flow $550 once garage is done Potential purchase: 375k purchase, 75 down payment, 3 units, currently rented.

When they refinance, they will still owe the original principal balance.