I've got money saved in reserves and I'm analyzing cash flow for several different properties. 

Expect a minimum of 35-40% down and 10-15% cash on hand reserves in the plan to obtain such financing.With respect to growing your retirement, you need to find entirely stand-alone ways to put the 401(k) to work.

I would look at this as an investment first, so calculate what the true NOI is if you rented out both units, have management fee, reserves, etc all calculated in. 

I like that you have > $250 per month in reserves. 

If you want to dig deeper, you can get records of federal tax liens- that can be a rabbit hole, but you never know what you'll find. 

I spent many years as what is called dual status soldier in the military reserves.

PACE financing is a federal program where each state has to adopt a law to provide it. 

The power of attorney you're giving the PM is enough to prompt you to want a review.I'd ask about the duration and extent of the power of attorney, the reserve amounts, payment distributions and the scope of the PM responsibilities. 

Lenders might start shutting you down if your DTI gets too high or reserves too low.3.  

Trent, depending on what your down payment is and PITI, it could cashflow a tiny bit or even just give you enough from reserves.