It has significant advantages over an IRA such as: no need for a custodian, ability to borrow from your retirement account, exempt from UBIT taxes on leveraged real estate, greater protection, greater flexibility and more.Hope this helps and feel free to ask any follow up questions. 

For example, in your case Anthony - do you think your track record as a reliable borrower/mortgage holder gave your lender the extra reassurance to warrant that flexibility in the ratios? 

for the time being multi-family properties interest me the most. on the surface id say they best fit where id like to start. however, I am open to being flexible!

I really like the flexibility of commercial loans.

Either to the outlet metal box if BX flexible metal conduit cable was used, or a grounding wire has to be used if a plastic box and Romex plastic covered wiring is there.Romex wasn't originally up to code in many states, but now many allow it.

TBH quite enjoying the flexibility of renting and the enjoying the frugal benefits of saving and investing some funds in long-term stocks and ETF's. 

If there is a true misunderstanding in the rent rate, think about being flexible and giving them a (proper) rent increase notice to what the other side is paying. 

I am flexible on the market but closely looking In North jerseys I.e: essex, union bergen counties.

If you use metal framing or something different your electrical will need to be encased in some sort of conduit (shielded armor is a flexible version that should work). 

Now if you tailor your place to someone who can become a long term tenant, you can end up with lower vacancy as a lower income tenant won't have the same flexibility in moving, but in general turnover will be higher.