Than AFTER that base-line cleanup action is done which part of it is to establish access for all others, than things get into the next lower level of details. 

If your tenants aren't looped in early, it could make access for inspections tough.

There are some creative ways to get it from 37% to corporate tax rate of 21% but generally it's best to invest passively as the IRA is designed.  

Hello @Jerry A.Feel free to message me if you have any questions but I would seek out a broker who has access to over 220+ lenders to help do the shopping for you. 

It paints the picture of a successful investor who's only constraint is access to capital.  

While I haven’t chosen a specific niche yet, I’m leaning toward purchasing a multi-unit apartment where my 20-year-old son could live and help manage while we rent out the other units—essentially a form of house-hacking.So far, I’ve connected with a few real estate agents and gained MLS access, which has been a great starting point.

While it makes homeownership more accessible, it is a good sum of money that is not contributing to your equity.2. 

How does one define design choices, etc?

The Legends stuff go on sale all the time and are pretty high quality.I have this one at home - https://www.atgames.us/products/legends-gamer-proSurprising quality and you can load a different firmware and have access to over 1000 old arcade games.

When you go to sell the property, if you produce a certificate of inspection for the wrong number of units, buyer unless you are giving them a great deal and they will throw caution into the wind, would insist on the correct designations.