A perpetual easement is very common and the best way to ensure your rights to the lease income.

It pays to be creative and know people in this business!

Before setting up an LLC, and especially before setting up an LLC for each individual property, I recommend you do some more research on what an LLC protect you from and what it takes to ensure that protection remains in place.

I have no capital to speak of, and therefore would like to learn how to creatively finance deals.

I would love a second opinion on if this initially seems like a good deal or not based off the report and then my second question is if there are any creative ways I could finance this.

At the end of the day though, you need unit availability to ensure they keep coming back. ...And that asset class (high quality/higher end) isn't one that you can ramp up to easily without paying close to market value.

I hope this gets the creative juices flowing.

Ensure our property management is good and its smooth sailing!

This is just a step to ensure you are being extra safeBasically, you can still do both in any market, but you have to be more accurate with your numbers when the market is shifting or nearing a shift. 

They typically want to ensure it primarily contains owner occupants.