My biggest thing would be to make sure the money you put into the basement would equal on the value/equity. 

Passive income was one of the biggest reasons for my second acquisition, I am trying to build a nest egg for my future self.

Passive income was one of the biggest reasons for my second acquisition, I am trying to build a nest egg for my future self.

If I can make more income from renting the unit at my new fourplex compared to what I pay now in rent what are the downsides of not living there?

Likely the roof and the HVAC/furnace will be the biggest expenses that might occur but a hot water heater here, a clogged toilet there and suddenly the bills start adding up.

There's nothing but upside for you and only downside for the customer. 

And perhaps the biggest annoyance is that you don't actually know when your funds will become liquid.

I have ran the numbers and for me, they check out, obviously I would do more digging if it comes down to actually purchasing this dealSo... my biggest concerns are that I want to get into my first property and if I find an opportunity, like perhaps this one, I don't want to miss it, but the amount of cash on hand is a concern, so I'm kind of stumped. 

US Bank I think is the biggest construction to perm lenders, if I were doing a construction loan for a primary residence I would look there first.Good luck!

This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.