We would add a closet and sliding door system.  

We have been doing all the up-front research and reading, setting up our back-end systems, developing our business plan, and networking (when we can, we have 5 kids that take up a lot of our time :p).

We are especially interested in multi-family homes.  

I'm new at this but looking at multis and the first thing that caught my eye was the pro forma numbers.

You need cash, probably 20-30% down.It is unfortunate you already spent your money on a personal home, it is a liability not a investment and will hold you back from investing.Shane has the right idea except I would sell the house and buy a multi plex and live in one unit.

The terminology "foundation repairs" or "Retrofits" is generally used to describe "Proprietary Foundation Systems" for MANUFACTURED HOMESHowever, If you're not dealing in MANUFACTURED HOME transactions there's no need for you to take the time to view the video.

Trying to acquire lending for two multi-family homes.  

If you go with a click lock system in LVT look for one with a Unilin locking system, they usually hold up better.

What kind of cap rates do you see for multis in those better areas?

we're  pre-qualified for our next purchase but not sure if it should be another single family or multi family unit.