They also include points.Do the financials even make sense on the multi unit with a 7%+ interest rate?

@Colby Mulry Depends on your overall financial situation if you'll need the additional protection a LLC provides.Search 'LLC' and pick from the hundreds of topics that exist on this issue to read.

Value = NOI/CAP.If possible, base your numbers/offer on the T12/T24/T36 (the actual trailing 12/24/26 month financial statements) rather than any estimate or projected pro-forma they provide you - be insistent that they provide you with the T12/24/36 so that you can run numbers yourself.

Hard money lenders don't care too much about your business financials or personal financials. 

We are aiming for financial freedom in 5 years using the BRRRR strategy. 

Terrible idea, financially and legally.

Best financial decision I made was to purchase buy a house. 5% down and now I have a lot of equity and the ability to leverage some of that equity. 

I'm currently a Financial Analyst nearby Highland and I have almost 10 years of tax and accounting experience.

It might be worth considering though, that this is an affluent area of an expensive state (CA) and might be a lot harder, financially, to break in to.Area B: This is not a distinct area, but a general idea. 

Two retrofits didn't meet modern egress code, and they replaced them.