I would like to be more productive in dealing with investments and real property to produce a more efficient lifestlye that contributes to my vision.

There's real estate investing, where you invest your money expecting to produce a return.  

And your investment has not produced cash flow for years.Would you just be delighted if someone fixed up the properties securing your loans?

I have 2 other properties with fixed 30 year debt on them and both producing good cash flow.My Question: In a nutshell option 2 allows me to put less down, increase cash flow, and reduce interest rate risk.

After you tip the roller, it will produce high lines of that build-up make sure you quickly roll that area out in criss-cross quickly.  

I want to learn from people that are really producing and successful in the industry.

An attorney's job is to keep you out of trouble, which is great.

We don't want to have to produce funds up front, hence negating the advantage of the swap.  

I think for a fourplex 25-30% is more reasonable, and from the expense history we have 30% is more accurate.Our property rent is also $100 more on average then the surrounding properties, we checked.I think what hurts us is that recently some of those properties were short sold $70K below market value also because of death in family or other financial troubles.

If you use fha financing on a non owner occupied property you could get in trouble if the lender finds out.