Buy a new primary home and rent out your existing home.

We use carbon copy in letter size (legal size is just a pain).

I have a 4 unit in Columbus (4 1 bedroom units). 

Of course you can, it just may take you a bit to get there.

For anyone who has experience with this, 1) is this a good route to take?

I've been doing a deep dive looking at cash on cash return for various down payments and expenses on properties with a mortgage.

If this is financing for a stabilized property rate carries more importance but rate combined with origination fees, pre-payment penalty and term in which you intend on keeping the loan in place are all considerations which together should help in deciding the best financing option.

But it looks like a horrible deal. 

There is a small frame house on the property that I would like to move to a lot that I am purchasing as part of another deal.

House hacking is a great way to get started, @Jose Botello!