They are very comprehensive and pretty much babied me through the whole process (initial setup with property management, repairs, and finding a tenant) all within a 3-4 weeks.  

Change the first page of the contract to read "Matthew Fleming and/or assigns" (or whatever your company name is) and have them initial it!  

@Shane H.Initially I was thinking your were selling yourself very short, as it was initially indicated that you were to "help finance the deal", which lead me to believe that you were providing all of the capital (either in cash or loans in your name).  

With my initial units, I find getting quality tenants is an issue and I typically have higher turnover than I want (my units are all duplex houses).  

My initial area of interest and focus will be 2-4plex buy and hold, likely house hacking the first one.

@Anthony RussellThere is also a math/tax problem with this logic that most people overlook when they look at the 401k participant loan as cheap and easy money.You put the money into the plan on a tax-deferred basis.You borrow the money from the plan and pay the plan interest in the range of 4-5%.So far, so good.Your payments to the plan are made with after-tax dollars, thus eliminating the initial deferral benefit.  

Option two is the least expensive initially but carries a higher degree of risk.

Really, that's what the landlord should have offered you initially.

The buyers had dropped their offer down to $197 based on an appraisal that came in at 190k (the exact thing that we were drying to avoid by writing an exception into our initial counter offer).

I am just getting started learning how to analyze deals, but in my initial research, it looks like getting positive cash flow in my neck of the woods is going to be difficult.