Though I have heard a lot of RI's teach shying away from a large muli for a first deal.

My thought is start building a portfolio of single and multi family rentals (probably out of state just because I'm in one of the hottest markets), and just grind by adding.

If I am understanding the situation, you took at a 12 month loan and it is now due and the lender is foreclosing (I do not understand the six month comment).Here is the reality, getting a lawyer and spending $ to delay a foreclosure is only going to cost you more $ as the lender will also have legal costs that get added to the loan and you will have legal costs.Your options are refinance or file bankruptcy.

We are actually waterfront to a large creek (small river size).I'm located in Warren, Pennsylvania.Comps sold for ($129,900)/($125,000)/($87,000(needed two new bathrooms))/($114,000)/($225,000)/($103,000).  

Adding an additional panel for the second unit can cost between $5-10k.

One of the only large cities that hasn't caved.

I’m looking for something with 0% interest in the first 12 months and a large enough limit to complete a cosmetic flip.

A roof replacement or other large systems in a multi-family building is going to be very costly...Not sure what the point of your post was. 

Now, let’s uncover additional details about the top-performing Airbnb listings in this particular subarea of Okaloosa Island.The chart above shows a table containing the top performing listings in Okaloosa Island in the past 12 months.

There are large investment funds with thousands of single family homes, I can't image they have an LLC for each home.