I know this doesn’t necessarily have to do with investing, but I believe it is important regarding the next steps towards my investing journey. 

A blanket loan would be one loan used to buy all four properties in your case.

Yes, this strategy is an attempt to lower my wife’s taxable income.

How do you typically fund your renovation projects—any tips to share with other investors?

Quote from @Zak House: Send me a direct message and I will share who I use.

Lately I have been hearing a lot about his method of using a HELOC loan and using the proceeds from that as a down payment for multi units.

Example: replacing the bathroom vanity.My question: If I were to take pictures and a video of the thing needing repair and show it to someone at Home Depot or Lowes, would they be able to guide me on what to buy and what to do?

Quote from @Jessica Althoff: Hello Partners,I am here to experience this amazing platform!

I’m wondering should I back out of this deal over this issue if it is not fixed?

While I have little to no experience in real estate, I'm eager to learn and explore the strategies needed to achieve my goals in this field.