How do you approach someone who's living in a $1M house and driving his-and-hers $$$ cars and explain to him that the fact that his wife is endlessly determined to prove to her own mother that she could have more kids and turn them out better on Sunday by documenting it on Instagram is the main thing holding him back?

Do you recommend I stick to my cash purchase strategy or approach a hard money lender?

This really clarified on how to approach lease options! 

I think a strong argument can be made for both approaches.

I work with investors here in New Jersey and I use my own, wondering if the one by Bigger Pockets is more comprehensive.

The fact that your board of realtors recommends it, or that is how it is traditionally done there, does not make it the best way to approach it. 

Does anyone know if a mixed use 7 unit building would be appraised with the income approach or by sales comparison.

There are two methods of appraisals, Sales approach vs cost approach.

As the winter is fast approaching here in Minnesota (MN), I'm curious to hear what your "must do" winter prep lists contains to make sure your rentals are good shape for the cold? 

For a HELOC approach that would be good as you will have a hard time finding any bank to give you more than 80% on a HELOC.On the other hand for your own residence, you can get away with much less downpayment, especially if this is your first home purchase.