How should the master lease be structured?

Joe - how do you structure your partnership deals with credit, capital, and management?

How would you structure this agreement?

There's no structure focused on the student's success.The fault doesn't lie solely on the mentor's side, of course.

That said, as in a due on sale clause, you may not be able to seller finance to a subsequent buyer depending on how you structured your original purchase contract, but otherwise it should be fine I think.

With an equity partnership we would traditionally structure it with three fee components.Acquisition fee- for your work upfront (1-3% of total deal paid to you closing)Asset Mngmt fee- for your day to day work. (1-2% of gross rents collected paid to you monthly)Cash flow- split to you and the investor. 

"my community," fannie mae program.The problem is most lenders are not creative enough to figure out how to structure a deal to yield the most effective ROI but there literally many more ways to structure the deal to achieve the most effective results.

You should have a professional licensed CPA / Attorney assist you with how to structure your business with a partner.

To me ,the row homes are even riskier , since they have common walls , how your neighbors maintain their structures can have a direct impact on you . 

Possibly posting current pictures of the property would open up the forum to opinions on whether it would match your building structure or not.