your owner occ loan should be done at todays rate what your bank quoted you was commercial terms and not even good ones..

I am just worried this might be a mistake as it as a high cash flowing property and my mortgage rate is a low 3.125%.

Financing-  build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.  

Look at rent growth trends, vacancy rates, and the area’s economic drivers.

The no-show rate for prospective tenants in this area tends to be quite high.

With high price per door and high rates, you wont find any cash flow.STR market is also very saturated and we're seeing more regulation there.I'd keep the end goal bigger multifamily deals.

the GreatSchools rating is low for Elementary, Middle, and High School.Is anyone familiar with the new subdivision? 

Now, you're going to pay for that in much higher rates that you'll get in FHA or even Conventional loans, but if you're willing to bite the bullet on that to get started, then it's a great tool to use.

If expenses are low relative to income, the cash on cash decreases when down payment increases (10k column).

Most service or trades people us included increase the rates for customers we don’t want.