I know that multifamily homes are pretty scarce in Austin but I was actually driving in an area that had a ton of them in a neighborhood that I am going to do some more research in.

If you intend to aim it at W2 Millennials, maybe a Chipotle would be a good fit.And about the restaurant, the menu drives the equipment selection, so when you say you have bought a restaurant, you have bought a menu.I say this because a restaurant is a unique business, and you might want to lease out the space to a successful operator looking to add a second (or more location).

I have gone under contract on a home where the main house is 4 bed/2.5 bath with a 1 bed/1 bath casita that is a short drive away from the up-and-coming downtown Chandler area.

Unless your refi rate is substantially lower than what you have now, a refi will only drive that performance lower. 

Address for Rolla is 6 King Drive - ASK: $105,000 (negotiable)Address for second property is 401 W Smith Street, Sturgeon MO - ASK: $70,000 but can negotiate. 

After that, I always call the listing agent in order to ask them a bunch of questions and only then do I decide if it is worth while driving out to that property and shooting a detailed video for the investor.

If I were renting and had frequent rodent problems I'd be leaving when my lease ended, don't let these bad tenants drive away your good ones.  

The only knowledge of the property/condition is from public record and just driving by. 

Since it's located just a short 3.5 mile drive to ETSU campus as well as the VA hospital, Instates, Shopping and Restaurants, it's a great area for rental property, it's also just far enough away from all that to be surrounded by quiet fields and mountain views.

Jeff and I spent six months renovating the home ourselves, driving back and forth from Los Angeles to JT (about 2.5 hours each way) on our days off to work on the home.