Can also make a lot more money (than your regular annual leases) on monthly or 3 months at a time (lots of people, who move here need a temporary place to stay AND find it difficult to get one).

Most of my Hard Money lenders want 25% down so you have some skin in the game, which balances out their risk, since they're not checking to make sure you make enough money to pay the loan back. 

. - Keep credit card balances at 1% to 14.5% of the limit.- Pay them off in full every month so you aren't paying interest.- If someone in your life that trusts/loves you adds you as an "authorized user" to one of their cards, often you will inherit the full credit history of that card - for better or worse (so pick a 10 year old credit card that they've never had a late on).

Don't stress, multi-family can be a difficult market for newcomers.

It also might make it more difficult to evict this tenant if they've paid up for the entire lease.

Lender's will want policy coverage high enough to cover the loan balance. 

@Brendan M.Navy federal credit union does but they require a payment of 1% of the balance during the draw period.

If something goes wrong with your current house with the tenants you will be in a difficult position financially on top of the preasures of a new growing family.Babies do lot take up a lot of space so I would consider staying in your current home until you have enough equity to sell it.

when we would log over a timber track sell the track to a new owner who was looking to build but needed a year or two to get permitted house sold  etc etc but would buy from us on terms then we hypothecate the note.. but we owned the dirt free and clear .. and to do this you needed stellar credit and balance sheet .. banks were just not going to make loans because you had a note  LOL.. 

The most difficult part of real estate for me is that there are so many ways to go about investing.