I also work a W-2 job that allows for a loan program.

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It appears this finance person becomes more important when taking a more strategic role with the company, and not necessarily just the debits and credits.

I would contact RBC and tell them what you're looking to do and they have us investment program available.

You have to find cheaper property with same rent or more rent for same price range.The interest rate appears reasonable.

The lighter color paint will make the rooms appear bigger too.

There ARE 15% down programs for non-owner occupied SFR AND 2-4 unit properties.

They owe $95k on 1st MTG and another $25k on a 2nd that was placed on the property when they went through a debt re-structuring program.

Your biggest mistake appears to be holding the unit off the market while they sign the contract and get you the paperwork.

There are various programs for subsidized housing, most notably section 8, that can provide reliable income for you extra unit.