I'd also be wary of RCW 61 depending on what exact conduct you are engaging in

Do not take any one else's word for "it should be alright"  Conduct your own due diligence. 

I conduct financial analysis on large apartments for an investment firm and can drill down into the potential of the property. 

Now, in that transaction to your buyer, you are extending credit, you are not Harry Homeowner, you are conducting business.

Hello, I'm a complete newbie at this so forgive me....but I just want to clarify something as I'm making a slight switch in my strategies and I'm heavily considering looking in buying multi-family units......I was on the most recent webinar that Brandon Turner conducted regarding newbies buying duplexes, triplexes, and fourplexes.......(12/13/2017)I want to clarify something he said...and that was you can...once the numbers make sense....if you don't have any money...you can possibly use short term lending (private money, hard money, etc) to put up the money for the deal if the numbers make sense....then after purchasing the deal....after a short hold period which I think he said is about 6 months or so....re-finance the property and then use that money to pay of the original lender and now re-financed, it's under a legitimate mortgage and from that point forward you can do it again.....rinse and repeat.Is that correct?

You may need to forfeit the deposit, but you will be otherwise relieved from having to purchase the property.The inspection contingency says that you have the right to conduct an inspection of the property.

Just buy smart and conduct proper due diligence when purchasing a property as there is no way to truly time a market downturn.

While it may be easy to just run with the existing property manager, again, conduct your due diligence on them as well.

Most importantly, you're asking the right questions, and knowing before you conduct a transaction. 

The seller's agent told @Brie Schmidt  today that the seller is fine with granting access for remediation companies to conduct walk-throughs and make estimates; however, he is unwilling to grant a credit to me for any such remediation work and will back out of the deal if it is requested.