You should have written a detailed scope of work, specifications, and time limit on your contract, the question is, why didn't you?

Being in Seattle, we have limited use of pool although the summer days are getting longer. 

My understanding of those types of deals is very limited, essentially an investor provides cash, and I provide a rate.  

You'll be pretty limited with financing options based on your age.

New mortgage rules will limit a lot of people from shopping a new mortgage because they will be unable to qualify under the new rules.

There are limits as to what may be done with land in trust, additional burdens on how that land is handled, and the overhead associated with placing land in a trust.Before doing a land trust, consult with a financially minded attorney in your area.

I would love to max out my available mortgage limit (5 properties) but I think Ill be lucky if it get one!!

@Rene Pennington The Auto policy has a "Property Damage" limit in the Liability section. 

Any properties are fine . i  like damaged or properties in bad shape because of limited funds.

You have limited upside potential in this deal and unlimited downside.Can you get a permit for the renting of the other units?