I would then plan to use this forced equity (since I plan to buy a fixer upper) to invest in another home.I have been constantly reading to househack right into the MFH, but this may take some time for me to acquire the money and purchasing power.

It hasn't been successful at this time. 

(I'm thinking for general banking, checking, savings, etc.)I've been banking with Chase, and am having a nightmare of a time closing CDs upon maturity.

It sounds like what you're looking for is an equity partner - you will have a tough time finding someone to lend in 2nd position at 100% CLTV. 

At the same time, notify both of them they they are free to apply for the unit individually.

She reached out to me couple weeks ago and was asking if I forgive the rent if she pays half by 30th and move out.

Billy and Cliff - I have a few business lines of credit in an LLC, but they were built over time.

However, generally there is about a month or two lag with DSCR Loans between what is being quoted today and what is funding today due to deal cycle, and while there has been a ton of volatility recently, newer quoted rates are dropping and I'd expect our average to be a bit lower by the time July is through and for August - probably in the low sevens range

Repeat this strategy every couple years.If you really don't want to buy a primary residence and instead you want to buy an investment property then I would recommend a new build in Casa Grande for under $300k, this will require a 25% down payment and buying the rate down a little to break even on cash flow, but will be a very easy first rental property as it will be brand new and will not require any cap ex for many years and by the time it does require cap ex you will have raised the rent and gained enough equity to do a cash out refinance.

Is this a good time or should i wait.