They also wanted to make sure there was enough liquidity to run the rehab, as typically you have to pay for the rehab up front, and then will get reimbursed from the HML on a "draw schedule".Welcome to BP!

Bay properties typically stagnate but do not retreat very far. 

In my area, they typically don't care, so long as you have the required down + closing costs + reserve requirements, if any?

Typically, a full-time PM (especially when you're long distance) handles everything for you from advertising, screening, and placing tenants, as well as day to day stuff such as handling repair requests, collecting rent, handling rent court/evictions.

From what I understand, sloping in the middle is typically joist deflection but a tilt in one direction could mean a foundation issue. 

For down payment, the lenders I typically work with require 15-20% for a duplex (highly recommend 20% as PMI on commercial is very high killing ROI), 20-25% for a triplex, and 25% for a fourplex.

When looking for funding how are the deals typically structured for private funding of small multifamily buy and hold properties?

This facility is unique that it is in a resort town, 100% rented with a waiting list, not typically accessed on a daily basis.

Don't be daunted. 

This is typically filled out by the homeowner when the home is listed.It details just about everything that could be wrong with the home, the neighbors and the neighborhood.You are required to disclose everything you know about the home that may materially affect the home’s value and the buyer’s enjoyment of the home.Yappy dog next door?