If you are all putting in money and all doing work on the property the legal structure should be pretty simple.

Appliances are as simple as you can get them so that even the dumbest people can operate them. 

But of course it's never that simple, especially if they are individual leases under the same roof. 

Make this as simple as possible on yourself and the tenant, take pictures/videos of all damages, hording.

A simple word Muddle.

Look at your conventional lender's PMI tables to understand what the UFPMI would be and then use a simple mortgage calculator to figure out how much the UFPMI amount would cost amortized over 30 years.

Have you seen any courses / webinars etc that explain in simple steps how mixed use entertainment destinations are developed?

To me it sounds like that is unnecessarily complicating your personal saga... keep it simple, time is money, get it done and pay to have it done right and done on time.  

That is done a lot here with properties built before hydro dams made power here the cheapest in the nation.A simple cost/benefit analysis will answer a lot of questions, including this.

Simple as that :) Just keep tweaking and growing and don’t over analyze :) **Typed on a iPhone of the top of my head