From what I am reading/learning, I believe my goals best align with a buy-and-hold strategy for continuing cash flow (BRRRR?).

Barring something catastrophic, our prices will continue upward. 

I would continue to make your payments and leverage your lump of cash to purchase an asset. 

Ola Dantis There’s been a lot of development in The Washington and Benton counties of Northwest Arkansas going on and there still continues to be.

This choice changes the situation for the lender into an equity partnership which increases their risk, which deserves a higher reward, in equity, cashflow and sale.In any case the lender should be on title (like a bank would) to secure some or any colateral.I am a multifamily real estate business owner and not a legal expert, therefore any agreement should be drawn up and executed by an attorney specialized in your field.

Then if your DTI and credit are good you could purchase the second property to live in under FHA.Connect with @Tim Swierczek, he is a local expert who can shoot you in the right direction. 

My question to all you experts is how do you feel about purchasing a duplex at full cost instead of at 80% value?

Are you planning to run the facility or would you continue leasing it to the current operator?

I would like to continue purchasing properties as primaries with a 30 year conventional with 5% down but I know that many brokers have restrictions with properties 5-10.  

My goal is to buy an undervalued piece of property, fix it up, live in it and use the equity I put into it to continue investing in R/E.