This is where the refi comes  in to play.  

When I have kids I want to be a part of their life every day, go to any event with them, travel the word with them, play with them everyday, wake up and make breakfast for them, come home and make dinner for them and do what we want, when we want.

There seems to be an opportunity for on-site management with the current tenant in the office space...simple stuff, opening units, etc.After closing, we will likely drop a number to the prospective buyer and see what plays out. 

Would the $300 to $500 for an attorney be a smarter play? 

You can play with the numbers at any level you want.

There are plenty of variables at play, but assuming you purchase a $200k property for 20% down, your monthly payments will be around $810.

My foreign investors are cash buyers, so they need to prove thier funds to the gov, but there are no mortgagues in play. that would be too much of a pain. 

In 1998 I did a deal that played out like so:1- I had my agent find me a property in a so-so neighborhood for 32K.2- I offered 18K with $50 down; It was accepted.3- I asked the seller for the zoning certification and proof of title (I knew that my end buyer would request the same from me).4- My contract with the original seller stated that I would pay the balance in 30 days.5- I found a cash buyer in 12 days. 

Owners will often play the role of the bank if you ask them to.

I think this plays a big role in many millenials' thought process.