Any changes, whether they be additions, deletions, or alterations, of the plans and specifications, must be approved in writing by Lender in order that this loan commitment remain in effect"I'll pay 20% down payment and have a very good credit history, no debt and a high income.

got that fixed-- but not after some translation confusion when my plumber replaced the main water line, and not the sewer line $$$, not to be outdone by another house 3 days ago, main line was backed up and  i guess popped a cap off, ----somehow the poop/pee was legit going under the house, got that fixed... feel really bad, but the plumber made a lot of money for how crappy the job was.... then a tenant complained of "rusty hinges" that made a door fall off, lol own up to the fact someone kicked your door in because you're involved with sketchy stuff ..still waiting to get paid for all this insanely stressful volunteer work that's apparently super lucrative on paper.... so i'd say sh*tty,.. it's going sh*tty!   

This concept translates over to house hacking a SFH as well.

Every skill you learn and master running an electrical contracting biz will translate to being able to be a decent agent, difference is as an electrician your going to make bank learning it and as an agent you will be licking ramen foils. 

My question is do you have any ideas on how I can improve or alter my plan?

Lease to purchase, which they will likely want to explore so that they have lower out-of-pocket expenses up front; they want to alter the interior walls and totally change the bathrooms to accommodate their needs.

Forbearance doesn't translate to foreclosure.

This tradeoff is something that I wrestle with constantly, and to me it comes down to this: On a $1mm (or less) property or less cash flow is not going to make me rich or materially alter my life in a meaningful way.

This translates into lumber and plywood costing 2.5 times what it did one year ago.

I am assuming that we all agree that the current drawn out system with multiple steps and delays (not to mention scheduling nightmares) is fine due to the health crisis, but to make it permanent pursuant to statute is bad policy and fundamentally alters the summary nature of the old FED process.