I’m already planning to find a solid real estate/landlord tenant lawyer in the interim to be prepared for whatever might result in the month. 

Welcome to BP and hope you find some answers for your journey.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

I'm ready to get my draft notarized but thought it would be best to find a real estate attorney to review first. 

If you are self motivated, find someone to Joint Venture with.

How did you find this deal and how did you negotiate it?

Put cayenne pepper, black pepper, and all the hot spices you can find and mix them all in a jar. 

As John alluded to, please search the forum for arbitrage and you will find a lot of  info about it, mostly negative. 

Hi, were you able to find a person with experience in creative financing? 

Every state has a unique set of laws and regulations regarding the foreclosure process, so your ability to succeed will depend largely on where you're operating.Also, all three of these require advanced skills and background, so I wouldn't necessarily start here.That said, if you do then be sure to get top-notch training and complete deal documentation from folks who have seen at least one full real estate cycle.Rather than specializing so soon in your real estate career, I would instead recommend just getting in front of as many real estate owners with problems.Just getting really good at talking (and listening!)