@Ernesto Hernandez -yes, definitely a lesson learned regarding separate leases, but notice timelines are clearly highlighted in my lease and I have a text communication stating their need and intent for the one month extension.

If one leaves, they figure out a replacement, with my approval & checks (or all of the difference).

I'd just communicate with them and let them know it is against house rules. 

.- I advocate working with local lenders to the market you'll be buying/investing in, but in the long-run a relationship is going to be more important than the locality so working with someone who can lend in multiple states (or all 50!)

Do you have the cash to forego rent on 1,2, or all units?

If you have a good relationship with the seller and you do everything you have told them you would do, you maintain communication/updates on progress throughout the deal and you havent strong armed them into selling for next to nothing then they are much less likely to back out of the deal.

Sorry if this is vague or all over the place.

I know what LP (limited partner) is...but KP might be some new lingo.The one and only benefit in my eyes for the SBA loan is that it will give me a fixed rate over 20 years....all the other banks I've communicated with will not do a fixed rate unless it's through the SBA so it might be a necessary beast I have to deal with.

Good communication and he pays the preferred.

I know that my strengths include data management, analysis, and communicating with others and feel that these are  valuable parts of a team.