I am looking for recommendations for best financing options.The owner is considering financing it, but until they agree, I am planning as if they will not do so.The local credit union I use, who is very investor friendly, is unable to lend on properties larger than 4 units right now. 

I have over 30k coming in very soon and working on credit score.

Verifying last 2 years of rental history very important!

My credit was pulled twice (currently sitting at a 700+ according to Experian) but I don't know if this would affect my score or anything when it come to actually choosing a property and locking in a rate.

I’ve bought some houses with 0% interest for a year credit cards and a few with consumer lines of credit from banks.

Also, credit score minimums are higher- often requiring a middle mortgage FICO score of 720 and above.

Verifying last 2 years of rental history very important!

Its proximity to campus, turnkey condition, and rental history make it particularly appealing to investors seeking high cash flow and low vacancy risks.

With the right resources and help, you can still make it happen.There are options that can help make buying a home possible today — even if your savings are limited or your credit isn’t perfect.

A partnership requires three things to be successful - Experience, Capital and Time.It looks like you have the capital and experience but maybe not the time.I have my doubts about this working if you have a friend who has weak credit and a limited cash flow.