I also want to purchase the property by the end of the year and was wondering if there are some grants that would help me with down payment assistance and if it would be recommended in my situation.

Quote from @Grant Shipman: How do you ensure a healthy and supportive environment in your co-living space?

Remember, it doesn't need to be Grant Cardone!

The catch is it must be vacant 90 days and winters in Vermont are expensive to heat the building so the pipes don't freeze requiring costly plumbing repairs.So this property may be eligible for up to $130k in grant money and rental income guaranteed by the state!

About 4 years ago we purchased a retail center for cash and after stabilizing the tenancies financed $650,000 at 4% fixed 20 years with this lender.  3 months ago this lender allowed us to wrap their note in a new first lien we provided to a buyer with a 10% interest rate - essentially granting us the right to collect the differential between 10% and 4% on the principal balance (currently $610,000).  

@James Carlson A Home Occupation Permit application with the city of Denver will automatically grant you a 3rd unrelated resident, but still not enough.

In other words, take advantage of all of the benefits granted to home owners including lending, zoning, and taxes. 

I am sure most Management Agreements have a clause in that grants them the power of agency. 

Granted you will need to provide value for partners to agree. 

Transfer from personal name to LLC/Due On Sale ClauseIf one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.