I would recommend buying a standard SFH with opportunities for an ADU, or a split floor plan where you could rent out the rooms!

We both run our own businesses but we feel that real estate will help make sure we both maintain our life plans of not needed to work as much any more.

Lenders don’t pay for problems.

It's a great way to talk through your plans and goals for real estate with people that actually understand! 

Focus on a 5+ year plan.   

If you used a loan to rehab your property and find yourself in a difficult position, doing a straight refi (just paying off the old mortgage) will be easier than trying to pay off the original loan and take additional cash out.

I plan to make them into rentals by this fall.I’m looking to connect with someone who want to work together.

No, he's not an architect, he drew all designs, floor plan, site plan, etc, and we had a structural engineer design his part, and paid an architect to sign off on them.  

I had a similar strategy with my first few house hacks: buy in great A & B Chicago neighborhoods....get by with minimum cash flow, and wait...What's your plan for the next purchase Michael?

We just gave our tenants notice that we are planning to move into the rental they are leasing from us.