Is it worth it to take a lower return and hope to refinance later?

I plan on holding long term so I would assume that in 20+ years the house will be worth at least a little more but it's not my main concern.

That almost defeats the purpose of trying to attain wealth.Regarding having a small business, you may be eligible for different types of retirement accounts, deductibility of health insurance and other things.New Jersey also has a complex tax system - It may be worth while to work with a CPA in the tri-state area.

@Kristoffer TierA Notice of Default (NOD) starts the foreclosure process, three months after the NOD is recorded a Notice of Trustee Sale (NTS) is recorded, 21 days later that the property is sold at public auction to the highest bidder. 

Give 24 hours notice, you're not asking him... you're telling him. 2) If you are worried, yes you can call the local police department, explain the situation and request a police escort, it they decline at least you have it on record that you requested.

In other words - a recovery of what you spent, as opposed to what it is worth.

It will come with a slight rate increase but overall worth it as the rate will typically be much better than the F&F.

If hiring a property manager frees up your time and enables you to concentrate on activities that generate revenue, it can be worth it.For your next house hack, think about working as a group.

The way I have done it in the pass is through note purchase agreements recorded to keep the transaction clean. 

I have a great track record.