Some states also protect your primary residence  Unless it is the feds/irs then all bets are off. 

Have some buyers retracted, you bet some have, but to say all buyers or even most buyers have retreated or won't purchase in general is to also state there original intent to purchase housing was purely selective and not need-driven, which again math says is statistically impossible.

I don't know how it works in Washington state, but I have seen homes lost (very quickly) on terms like this in another state.It might be wise to consult with an attorney and have the contract reviewed against your states laws and court cases regarding your best options in this situation.If times get tough you never know who will end up owning the real estate either, meaning the verbal intentions of the existing owner may not be followed by the new owner.Talking to an attorney about your exposure and possible ways to limit it might be your best bet here, as well as talking about any possible leverage you may have to change the situation.Good Luck!  

Your best bet is to skip the big banks and call regional banks and local credit unions, they are much more likely to have more flexible terms and products. 

Because of C19 I bet banks a bit more restrictive on the transfer to LLC right now.

I think all bets are off with appreciation now....demand is still good in this general price range.   

I could be wrong and I'm sure this is just anecdotal but I'd bet finding this in the apartment space would be near impossible. 

In addition, if you get sued you can bet the insurance company will provide legal representation seeing that they are on the hook for the damages.  

As far as structuring, your best bet is talking to a lender or investor.

A quick Goggle on Than Merril will tell you all you need to know.Now, for starters, here's a web site that will give you TONs of good info and education:assets101.comDyches is an attorney that teaches classes and is a full time real estate investor.