Obviously I have an idea of what’s acceptable but would just like to hear some of your opinions and maybe some mistakes you may have made.

I really like the idea of owning a multifamily building but after some quick research into construction costs, paying 300k for a 2 unit building is not worth the returns in my opinion.

Definitely goes back to what the contract states in my opinion however my state contract is assignable in my opinion per the contract because the standard contract states "or permitted assigns". 

I didn't "gloss over it" but I also couldn't retain every single detail.My original opinion sticks.

Temporary vacancies are built into your expenses.Some may suggest to lower your rent, that in my opinion is a mistake, but if you do decide to lower it make it temporary for a couple of months only as a incentive or use M2M lease.

I understand that there will be various opinions on this but am just trying to get some other points of view that might give us some direction.

I agree with these guys, I've never had luck cash-out refinancing for numerous reasons.Also, in my opinion some of the most brain damage from deals is the financing, so I prefer to only go through it once :) 

If it creates a possibility of loosing the property, then in my opinion, you shouldn’t be investing period. 

Regardless of how much you read and research it ends up being trail and error....So in my opinion just jump into the deep end, I’d rather be swimming and struggling then watching on the sidelines wishing I was swimming. 

The two do not fit together in my opinion.