Related: Is it possible to do a convertible note when lending on a deal?

My goal is to create generational wealth for my family and to eventually have the financial freedom to say "yes" to travel adventures as a family.

Also how do folks feel about Real Estate buyers who aren't investing for maximum Cash-flow, but instead investing for long-term equity, appreciation, and eventual cash-flow?

Renting at 6K lessons the value of the property but nothing I can do about it because I may never find a tenant that pays 7,400 again.....this is the downside of paying for a class A NNN tenant that eventually leaves.Bank won't allow to refi back to a 25 year amm.

This means you can buy a SF and convert or build a separate unit.

We both also have finance degrees and are savvy with finances and from an income perspective we are inline with each otherSimilar to what JD stated - We have a living trust where everything eventually goes to the kids and if something were to ever happen we would sit down like adults and resolve it without being vindictive. 

Are there any that allow you to convert to short-term?

Suffer through and you'll eventually be rewarded.

Once you have the property converted to two legal units, it's going to depend on business vs. personal useage. 

I think rates will eventually come down (likely next year), so just have to be patient (but right thing to do)