Moving on there was something that stuck with me while being here which was “Write your declaration of independence” meaning defining what will set YOU free. 

Here's how you can structure it:Contingency Clause: Include a clause in your offer that states the purchase is contingent upon securing a lease agreement with a tenant within a specified period.Time Frame: Define the time period within which you need to find a tenant.

Stay informed about the current market trends and clearly define your goals :)

There is a component of doing a cash-out refinance, but it seems the thought would just be trading one loan for another in that case for an extra ~$5k of leverage. 

Finding a good one might be a different discussion because it depends on how you define "good".

Financing and loan terms can be a critical component to supporting cash flow or incentive on multi unit or commercial properties..

Below are some items I’ve seen in teaming agreements.Ownership Interest: Clearly define the percentage of ownership each party has in the property.

How your city designates multi is irrelevant, we all don't live in your city.The definition is set in LAW, not by someone working in some city P&Z office, it is DEFINED by HOUSING AND URBAN DEVELOPMENT, better known as HUD.

How would you define medium?

Price, as defined by monthly commission, is much lower on the totem pole.