Do you pay rent and have a lease? 

I know it's probably nothing for a long term tenant but this particular unit will be short term only and would imagine people pay a premium for the experience.

I'm reading your thread and also am looking for a multifamily and would prefer to pay 20% down instead of 25% the lender I am applying with just told me that I have to put down 25% and that it's standard. 

To my surprise, they provided a quote for a 23% management fee per month rent, which includes a one-year rent guarantee (regardless of whether tenants pay or not) and a maintenance credit of 2.5k per year.I must admit, I was taken aback by the figure.

Her mortgage statement is escrowed, this escrow pays the insurance only since she is exempt from paying property taxes.

All the gurus & mentors tell you that you can do real estate with no money or credit, except, of course, for the money you have to pay them to learn plenty you could easily find for free online or just thru the School of Hard Knocks. 

But all else being equal, it increases earlier year distributions, but reduces the sale distribution, since there is now a larger loan to pay off upon sale.  

Then yesterday she asked if she could pay in two week increments because she might be changing jobs and might move.I should have just said no. 

I would seek and pay more attention to the property itself and making it better, Add value.

It still pays off when you look hard and do your due diligence.- I'm happy to share my contractor, lender (conventional, construction, or hard money), property manager, etc. contacts if you do choose to continue investing in WA.