I am a very good saver and dont consume much, so either way I can save money.Feel free to ask me anymore questions about my unique situation and I will reply asap. 

I'm wondering if I can take a personal loan out to finance the repairs, while doing the seller-finance option, and then refinance both into one conventional loan after 12 months.Does this sound feasible, or does it sound like I'm stretching myself too thin?

The city is growing like crazy driven by really strong job growth and a really unique and tangible excitement in the air. 

This will offer a unique opportunity to be a landlord/property manager in a separate building then my tenants.

Maybe that's common in your area, but it's definitely a stretch from a vanilla 3/2 that's pretty easy to sell in any market.

Which are all great tips but does anyone have a unique tip for beginners that we don't hear everyday?

Most plans won't allow for this, but you may be able to access at least some funds if the plan is uniquely flexible in this regard.

Its so hard to price things that are very unique. 

You do indeed have some unique facts and circumstances, but the IRC has an opinion on them.If a residence converted to rental property is later sold at a gain, the basis in the converted property is the original cost or other basis plus amounts paid for capital improvements, less any depreciation taken. 

That could be as low as 120K or less depending on how much they want to stretch profit margins.From a rental perspective, not sure if it would compute well with 1050/mth.