We've recently been introduced to commercial/industrial flex spacing and would like to explore this in more depth along with other traditional residential REI.I look forward to all the help and guidance. 

Please note -- although this is separate from property management, IF your PM handles this for you in addition to traditional property management, is the fee you would pay them for this different than if it were a completely independent construction manager/overseer not already associated with the apartment complex?

In addition to what others have said.I think the temporary buydowns make the most sense right now. 2/1 buydown was already mentioned, there's also the 3/2/1 and just the 1 as (rarely used options).I think the big advantage right now is the furniture and remodel budget.

Additionally, crowdfunding offers diversification benefits, allowing investors to spread their risk across multiple properties or projects.

We then have an umbrella policy for additional coverage and I add damage protection to all of my reservations for additional coverage. 

Troy,In addition to what Melanie listed I would add, you need to find out about the local, state, or federal guidelines (if any) that impact the setup of the property.  

But if someone needs money to deal with an immediate, major problem, then you're providing, if nothing else, an additional option that they can choose or refuse.

I liked the podcast, and wanted to supplement it with additional education. 

We suddenly had 2 homes and began exploring what our options were and that is when we discovered the intriguing world of REI and tapped into Bigger Pockets and Better Life Tribe, etc. to begin our education.In the time since his death and the probate process we have been paying his mortgage off and selling items from the home which we have been maintaining.

However, this comes with the caveat that you and your husband are prepared to cover any potential increases in mortgage payments after the renewal, especially if the new rate is significantly higher than the current 3.5%, which I ignore since I am not versed in the mortgage system in Canada (although it does sound a bit like an adjustable rate mortgage from what you described).Before making a decision, I recommend speaking with a financial advisor or a mortgage broker to explore your refinancing options and get a sense of what rates you might be looking at come June.