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.

The latest is that they want to physically inspect on of my properties every 12 months.  

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. 

thank you BenThank you JohnRegarding self-employment over a w-2 jobWhen I was just out of the Marine Corps and I had this job at Johnson Controls engineering firm because I was a science major, had a lot of calculus physics and chemistryMy job was to sell to developers and builders That wanted air and water  control devices and I was on straight commission basicallyI had like $20,000 in commissions that they  didn't pay me for I got really upset and at 25 yrs of age I didn't have very much EQ, and my emotions got the best me I basically even went to a lawyer and asked  how can I get my 20,000 in commissions here's the proof they owe me the moneyMy lawyer says it's gonna cost you 10,000 in legal fees to sue them at a minimum he's going to need that upfront as a retainerAnd then there was no guarantees I would get the 20 kThat's why I made the commitment at 25 never ever ever be a W-2 employee and I work as a 1099 alwaysThen I found a real estate 60-year-old mentor who taught me everything from distressed property to foreclosures to divorce to bankruptcy to probateI work for five hundred a week for 2 and a half years and then opened up my own business and did approximately 28 seller interviews a weekMy closing ratio in the beginning wasn't very good because I sucked at itBut with the good coaching from my teacher I got better and better and betterI quit after 2 1/2 years and started my own company on a shoestring it wasn't easyBut I made over hundred thousand dollars my first year if it wasn't for the teacher I would not know how to run a business and I would not know how to hire people and I would not know how to market and I would not know how to negotiateAnd you never stop learning because I made a Ton of money I was 29 and I made over 1 million and a quarter I rolled it back into the company which was a mistakeBut live and learn!

"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.