An investor is going to want to have a specific date they can get their money out of the deal. 

There're some alternative planning approaches, but they are always case-by-case.  

That said, tenants sometimes push for alternative solutions, as in your case.Here’s what I’d suggest:Broaden Your Marketing ApproachFebruary and March can be slow months for leasing in family-oriented communities, but it’s not impossible.

A deed is given and accepted as an alternative to ("in lieu of") foreclosure.

That said, there are alternative ways to meet the requirements, and with proper planning, you might not need to rely on these specific tests if most or all of the participation comes from you during the first year.

Alternatively, consider bridge loans, HELOCs, or post-purchase refinancing to preserve liquidity.

Here are a few alternatives to consider for your next property:One option is debt-service coverage ratio (DSCR) loans, which are specifically geared towards real estate investors.

I’m also open to alternative strategies, such as private lending or passive investments in funds, to diversify and balance risk.Does this phased approach seem reasonable given the higher HELOC rate?

Does anyone know of a dscr lender that will allow for seasoned money for a down payment and a really good property manager in Ohio specifically in Columbus, Cin, and Cleveland?  

In all the above listed alternative investments, there is seldom any discount pricing and you give up control.