You could have this person out in less than 6 weeks.  

I'm looking for advice and input on whether our initial strategy idea seems sound--We have up to $400k cash to invest in a property (this is aside from other cash reserves that we want to keep on the side).

Keep your head - your wife and kids will appreciate it :)

Keep your options open besides wholesalers and good deals for you are good regardless of how they are found. 

Who(specific person or position) would you recommend I add to a team to acquire Commercial Real Estate Properties that are in the Phoenix Metro Market?

If credit unions will not work with LLC's, how do you get around the DTI requirements with your personal finances on multiple properties?

Keep in mind that the exact amount you can cash out will depend on the lender's guidelines and the loan-to-value (LTV) ratio they are willing to offer.

Im thinking if I create a unique listing on Airbnb (After I live in this for a year to meet the VA loan requirements) I can create a competitive advantage by having such a unique property and demand a higher price per night as well as keep the occupancy up.2.

Even if you ended up renting to another person with some of those features.

My sister did not want to get rid of the tenant because she was afraid, we would get "a bad person in".