.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.

Electric: is the easiest to split, but may require holes cut in walls to separate the units.Gas: gas lines aren't as flexible as wires, but it can usually be done affordably.Water: most cities will NOT install additional water meters on a property.

I have a large lump sum saved in an investment account for down-payment and any additional costs.

Additionally, as a new investor, I am curious if you would recommend this strategy based on your accumulated knowledge and expertise.

If we had hundreds of loans out, we’d have enough monthly income to aggregate the payments into additional loans—but we don’t.If you do this, your note will have to have a compounding clause in it, provided by your lending attorney.

In addition, I am considering changing my furnaces/boilers to have plug-in cords instead of being hard wired so that if there is a power outage in winter that I could power that heating system with a portable power station.

The most common asset type was commercial multis 7-10 units. 

The most common answer, especially in recent times, is highly levered, floating rate debt.This is not the only answer, by any means. 

The other two that are commonly used is (1) 100 hours and more than anyone's time in the activity or (2) substantially all the time in the activity. 

This is one of the most common challenges in the LA County community on BP.