I know the details will depend on the specifics of the deal, but I could use some advice on some options for how a deal like this might be structured. 

Members get five free calculations.The numbers and details you gave on the property make it seem like it would be a good deal.  

Thanks Nikia, if say the septic leaked, do you have liability on things like environmental damage or health issues?

Please PM me with details.

I would need more details on the property. 

You can easily get into a 1-4 unit property using an FHA loan, house hack the units and then repeat.As far as meeting local investors I think there is a monthly meet in the burlington/anacortes areas but I don't remember details.

However, having it specifically in my lease gives me more grounds to enforce it than if it wasn't.Make sure your lease specifically details the repercussions of these types of occurrences. 

If it’s a third party PM you’ll get a nice PDF of detailed expenses.

(some details have been glossed over so that I don't bore you but I will be happy to answer any questions)Thank you!!!

Or a bank that portfolios their own loans (not sure about the details on those two), but if you do a normal loan covered by Freddie and Fannie guidelines its 6 months.