Yes borrowing on the 401K is the solution.  

In this process, all the tenants would have a different base year, and hence varying amounts in the increases.I could build a spreadsheet for each tenant, but seems rather labor intensive.Just wondering if anyone has an easier solution, or if anyone knows if property management software, such as Buildium of Appfolio can do what I have described.

They make a scoring tool that pokes holes so the steam hot water and solution gets to the backing better. 

@Angelo DiGiacintoAgents run the spectrum, if they get creative financing and their broker gets creative financing, like lease purchase, lease options, land contracts, wraps, etc, then get a conference with the listing agent and the sellers together at the home.Present the solution and get a letter of intent to purchase signed, and get an attorney.

I wouldn't worry much about this one.The real solution to both of these questions is to always offer real value to your buyers.

Mini splits are very economical to run and are a good combined solution for both a/C and heat.

There should be a solution with the city, but as others on this thread have mentioned, make peace with your neighbors and hope that it works out for you.

While @Jon Holdman's idea might be a solution the HOA might just increase their rules to outlaw it as well.  

If at the completion of the transaction the underlying mortgage and any other liens are satisfied then the buyer should be able to acquire marketable title.Purposely clouding a title can get you into big trouble and is unlikely to be the best solution for a wholesale transaction. 

The best solution I could think of is to re-finance the 1st property as a conventional loan and then purchase the 3rd property as a owner-occupied FHA, in which case the $14k on my LOE is more than enough.