Does it have fire suppression? 

Pricing additions such as:  Single family no add, 2 units .25 3-4 units .5 ; non owner occupied .75; FICO 680-699 .25 ; each percentage point is multiplied by loan amount.You can pay these in cash or increase the interest rate to cover..125 in rate equals .75 in add depending on product typeThe loan level pricing adds are additional costs for items that the secondary market (who loan is sold to) or the lender appetite for risk.Rates have been volatile.

This quote whet my appetite in terms of learning more about how someone with a high income but an unhealthy mindset could end up poor, whereas someone with the right mindset (but maybe not a lot of money) could become rich.Share any agreements or disagreements that you might have with the author.I've heard many people say that Rich Dad Poor Dad is a "mindset" book but that the specific advice Kiyosaki gives can be dangerous.

A few banks had an appetite for the project, but not under the timeline we are proposing.

The answer for you depends upon your specs - your capital reserves, your appetite for risk, your rehab skills, your networking/EQ skills, your data chops, your love of reading and a lot more. 

Be completely upfront with them and get them to be frank about their appetite.

I would definitely start working with other banks just in case your current bank's appetite changes.

If you don't have the cash or appetite for that then make it a 3 bedroom in the short term.

Hello KevinFirst of all kudos to your big thinking and appetite for knowledge at such an young age. 

Hopefully your lender will make the above mentioned underwriting seamless and timely but keep in mind that every Bank and or lender may have a different risk appetite or comfort level with any given situation.Best of luck!