While cashing out more equity might seem appealing, it will result in a lower cash-on-cash return due to the higher rate and LTV.

she was rushed taking off from work, with the sellers and everyone there, and not in a position to read everything let alone negotiate a change of closing paperwork. 

Long story short, I am in a bad financial condition as of recently.

Modern codes might require 5 in a room like that.

If you're interested in a virtual 'meetup', please feel free to DM me.

Also what is working today does not mean it’s going to work in a year from now - people can ask multifamily and others how that has worked out for them the past two yearsResidential in my mind is going to see some shifts which I see a lot of bad financing “not creative” that they think is creative and it will come back to haunt people

There best move would be to put the property in a trust and not sell it until after the current homeowner passes away as that may allow the daughter to get a step up and then sell.Also, seller financing does not always net the highest price - and there is the issue of the seller having now to hope a loan does not go into default. 

If you are set on prioritizing the BRRRR and cash flow you need to find a different market, but perhaps you are already in a Market A equivalent and there's an opportunity you're not even aware of. 

Understand the difference between owning RE personally versus in a retirement plan. 

My main concern about actual house hacking for a few years in a row is that we don't want the kiddos to have to change schools once we relocate up there.I'm thinking about getting an appreciation-oriented duplex/triplex in a pricier market with good schools that we could stay in for several years, and saving for an actual cashflow property that'd we buy as an investment property instead of a house hack.