You then decide year to year and get out of S8 when rents drop to a level matching market rates.

I started at 7 am with this blueprint and it's now 12:16 am and I'm finishing half of the 1 level building.I should have reached out to someone experienced in this area before showing my inexperience in front of important people so before it gets worst is there any advice or pointers someone can give?

That took 1+ year to get credit to the level they deserve.

@Andrew Boettcher That's exactly why I rehabbed my sfh with high level finishes. 

Congratulations. not sure on the floors we have been using real bamboo  and in our other high end home it will be heart of pine.. not familiar with Houzzcabinets were ordered  counter tops were custom concrete though.. house is 4 stories and what makes it special is it will be the last one built that can be that tall in that area they changed the code right after we were permitted Charleston is challenging you need the height to get the sq ft in the house that house is still only 1700 sq ft.. you have to build up out of flood zone in that area so you cant go under and first level has to be parking so now you can only do two floors above garage.. and because the lots were created back when the US was created basically they are all tiny 20 to 30 feet wide 50 to 80 feet deep.. so it going to be interesting going forward.. basically going to be pretty tough to have anything over about 1500 sq ft.

Will I happily look at some high-level numbers on BP and give my two cents?

So I bought a fixer upper single family house that was previously split into a duplex with the intentions of getting it rent ready and putting a mortgage on it to do a BRRRR strategy.  

Offer him a fair interest rate based on the level of risk, the type of loan, length of loan, etc.

Stay in the upper Union area,  Bellevue (near Rotterdam line) or around Ellis Hospital.

@Tony Tonev Great advice here in this thread.Thanks for the refresher on how painful SFR and small multifamily RE strategies can be ;-) I think you might be ready for the next level: commercial multifamily real estate (5+ units).