After this occurs, you could do a cash out refinance and get some money out of the property, and then you can restart this process all over again, whether it be through a lender, a private investor, or your own funds!

ask them if they want an eviction record on their record. eviction will harm their chances for leasing another place, or evening obtaining credit. this stuff shows up on your credit report these days under public documents. 

If your existing LTR tenants are already utilizing the shared spaces, I don't see any harm in adding a MTR tenant (personally, I'd be more nervous about mixing STR with LTR). 

Quote from @Mike Dymski: All of these strategies are alive and well, rates are still low relative to historic levels, TBD on what rising rates will do...may reduce inventory even more as people move less, and I don't know where you are seeing retail buyers out of the game...the market is still red hot most everywhere.All the changes that were proposed here as problems that would somehow change things have occurred many times before the next time,...and the next, ...and...When those changes happened before, how did it impact the REI market? 

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Not sure about the lenders south of the 49th, but I would presume a similar expansion of the conditions triggering a due on sale clause has occurred.

On the positive side, all of the interior walls are concrete block which limits peripheral damage when shooting occur inside the buildings or tenants set their units on fire. 

One thing I’ve been learning over the past few months is that the crazy times we were expecting didn’t seem to occur.

It is good that you are saving almost half of your income, especially with this transition occurring so soon.