It takes a lot of time to prepare food, eat, and clean up so being as busy as we always are this simplifies the process quite a bit (not to mention the benefits of simplifying the digestion process for the body).

This seems about right for the scenario, yes Non QM and DSCR can have slightly higher rates but if the benefits of the product outweigh the cost, you've got your answer as to if the value is worth it.

We will be doing a short term rental on the top unit (3bed/2bath) while living in the bottom unit (3bed/1bath).

Are they abiding by the lease terms, maintaining the rental, paying rent on time, etc?

Could a short-term private loan with the LLC be a better route to look?

What benefits are you learning you have over local real estate investing?

Meanwhile, I'm talking to this guy and he said in his other property, the little old lady paying long term rent, moved out, and within a week, the neighborhood people had broken in, had a party, broke most of his doors, stolen all his copper and HVAC, etc.

The numbers also work for the this to be a long term tenant in the down stairs unit to cover part of the mortgage. 

(Q2)Another question I have is that since Steve broke the terms of the lease by affecting the other tenants’ “peaceful and quiet enjoyment of the property”, is he obligated to pay the rest of the rent even though he will be vacating the property before the end of the lease?

Hi Hugo, midterm rental can provide you much more cash flow than traditional long-term rentals.