Then start doing flips, buying notes, tax liens, and more to help increase your capital while the rentals provide a foundation to rely on in case a fix and flip goes bad.By the way if you plan on managing the property yourself, try using a service like cozy.co or something similar.  

Generally, if the tenant is willing to accept $500 or $1,000 and save you the expense of filing for an eviction, that is a better option and also serves to preserve the condition of the property. 

Fifteen year lease with annual rent increases and lease backed by corporate.

I have passed on some good cash flow but it was because the properties were in bad areas or really bad condition and therefore would make an exit strategy a lot more difficult. 

They gave loans to people who couldn't possibly repay those loans, especially when their adjustable rate mortgages increased. 

Although I do plan to sell within the next 3 years (military orders) I want to make sure I didn't make a terrible mistake by lowering my payments now just to save a few hundred dollars but increasing my total loan.

Downside is split single contract into two, double closing costs and increased mortgage insurance costs.MY QUESTION:Does this sound correct, or is the underwriter mistaken...Do multiple townhomes require their own individual loans for each single unit (even if apart of the same structure)?

The property needs about  $400k in repairs to increase the ARV to 1.5 mill - 1.7 mill.

It will be a rental and we want to get it in rentable condition

Depending how old the fridge is and condition, I usually replace them if needed unless you can fix the fridge yourself.