It kind of came out of nowhere, so to obtain the property I got a conventional loan for 80% -- then used a line of credit I had on another property for the 20% downpayment -- and finally, about $100K of my own cash to remodel the house (it was in very bad shape). 

If the landlord uses a lease that contains any provision that conflicts with the Security Deposit Law and attempts to enforce that provision or attempts to obtain from you or a prospective tenant a waiver of any provision of the Security Deposit Law, the landlord cannot keep your security deposit for any reason including making deductions for damages.

I have a Homeowners 101 certificate.

Account Closed - I advise you confirm with the city (obtain a C&O) that it is legally zoned as a 4-plex.  

Also see public records to obtain the starting mortgage, and the remaining balance, that will be the price the bank excepts. 

I thought this was about the cost of obtaining a mortgage- the $4500ish in appraisal & origination fees, lenders insurance, etc.  

Scott I went further to buy others I also recommend Flip by Rick Villani and Clay Davis you can look at your library or obtain them on Amazon for a great price as I did.

So I am trying explore possible financing options.I have traditional banks ready to lend, if I can get over the difficulties of obtaining an appraisal.  

If default shall be made as set forth above, then, in any of such cases, the Landloard may, by written notice to the Tenant, immediately declare this lease terminated, and in such event, in addition to any other action or remedy which the Landloard may have at law or in equity to recover damages or otherwise by reason of a breach by the Tenant of provisions of this lease, the Landload shall have the right to remove the Tenant by summary proceedings and thereafter the Landlord may reenter upon and take possession of the demised premises and every part thereof, either by force or otherwise, without being liable to any prosecution, action of damages therefore and have and enjoy the demised premises as of its former estate free, clear and discharges of the lease and of all the right of the Tenant hereunder; and the Tenant also shall pay to the Landlord upon demand all fees and expenses, including reasonable attorney's fees, incurred in connection with and in obtaining possession of the demised premises as aforesaid.

A steady income is necessary to obtain the financing you will need.That aside why are you going to college with the intent of working toward quitting your career.