I am currently working on defining my search criteria for an office building, and I am inclined to go with a mid to low-grade B property. 

everyone is newbies including myself, we assigned everyone a positions/role in order to function such as market analysis, accounting ect. i had suggested that we take some time to just learn the business, and educate ourselves before we even try to start making deals ect. we definitely have negotiate the divorce if it happens, that sometimes that has not been clearly defined yet. 

Comps are generally defined as sold within the last 6 months and located within 1/2 mile, similar style house, similar sq ft, etc.

Thanks @Tim SimmonsYou've definitely defined some of the pitfalls of a 401k loan and if my goal was general wealth building, that would be good advice.

Can OP sign up for an LCP with the utilities companies that would define a starting point (COE) for who the utility company would go after for what is due? 

Define “Very Quickly”!

While I found out much later, that could be a good thing as it might be a vacant distressed property, but being a newbie I moved on without knowing what potential I missed out on.I currently use Propstream and I like all the info I can get on properties and also get a more defined list. 

The PR is defined as your "place of usual return ...

Multi-Family 13+ Units = 8% Management The fees are appropriate of your PM is doing a good job and acting responsibly, the fee should be meaningless if you are capturing the returns you defined as part of your strategy.If the fee is much less than I have indicated, you may not be getting a full quality management package.

I believe the answer is very simple, you have to personally define what financial freedom means to you.