Usually it's a hybrid product with an initial 10 year interest only period and then a 30 year fixed from there.

My initial focus has been on single family rentals in Kirkland with the hope of expanding to small multi family in the future. 

Meaning, if you take an initial loan upfront, you will have it appraised for the renovation loan (so you know the value), you can roll in all the costs (that is, as long as the value is there), and it limits your risk.  

Cash on Cash - this is your cash flow divided by the initial cash invested (downpayment, repairs, closing costs, etc.) c.

The monthly income offsets our closing costs and the refinance brings back 100% of our initial capital.

When initially I was intending to put down 10k, I'm not sure I even want to be part of this deal, GC Capital, or any syndicator in the future.Forgive me for the rant, but what really irked me was: the lack of any concrete financial details at all.

Initially I was looking buy a 4plex and rent the units out.

It’s also pretty darn sketchy to diagnose something requiring an ESA in one session. 

The initial idea would be to buy a single family, maybe a duplex, and start house hacking, saving a bit more, learning the ropes, and eventually if things work and prices go up, get it refinanced and buy another property with that money?.

To give you more insight, I recommend holding simply do to the fact that Cobb County has no initiatives or plans of builiding new apartment complexes.