Especially since she'll be living under the same roof as me.Thanks in advanced!

Look at what they are selling for, sqft, life remaining on HVAC, roof, windows, ect.

Short answer - if it were me I would self manage and I would have tenants cover utilities. 

I have plenty of wealth in investment accounts to cover the purchase, but I'm trying to maximize my passive income, so I'd like to leverage a mortgage using my current income to pay for as much of the property as a I can.

On conventional loan if you default the lender will take the property to cover the debt and can come after you for any remainder.

Alex:Our June 19th meeting covered selecting a business entity.

The pros of this is the ability to add lots of units under one roof and to scale the business.  

Let's just say wallet shock doesnt cover it.

Here's the data:79 Units - Townhomes, with 24 separate buildings.  60% have been updated with roofs/siding, interior basics.  

In most cases the clause covers everything, I've read notes that even included renting the house out, at all.So just know going forward that pretty much any creative financing is going to involve the seller being in breach of the DOS clause.