@ Dmitriy FomichenkoAt what point did the conversion and tax payment occur? 

Just provide notice that the inspection will occur on X date at X time and and then send the inspectors in.

again, no dog in this fight, but as someone who runs a debt fund I am pretty sure I can piece together what occurred based on reading SEC filings and the above. 

(I am not a lawyer so none of this is legal advice but have seen similar situations occur). 

Focus on properties that align with your criteria—whether it's cash flow, equity potential, or location—and stay consistent, even when setbacks occur.

Quote from @Dalton Summers: Hope this helps. https://codes.ohio.gov/ohio-revised-code/section-4735.24(A) Except as otherwise provided in this section, when earnest money connected to a real estate purchase agreement is deposited in a real estate broker's trust or special account, the broker shall maintain that money in the account in accordance with the terms of the purchase agreement until one of the following occurs:(1) The transaction closes and the broker disburses the earnest money to the closing or escrow agent or otherwise disburses the money pursuant to the terms of the purchase agreement.(2) The parties provide the broker with separate written instructions that both parties have signed that specify how the broker is to disburse the earnest money and the broker acts pursuant to those instructions.(3) The broker receives a copy of a final court order that specifies to whom the earnest money is to be awarded and the broker acts pursuant to the court order.(4) The earnest money becomes unclaimed funds as defined in division (M)(2) of section 169.02 of the Revised Code and, after providing the notice that division (E) of section 169.03 of the Revised Code requires, the broker has reported the unclaimed funds to the director of commerce pursuant to section 169.03 of the Revised Code and has remitted all of the earnest money to the director.

The same scenario occurred where we got a booking right away and thought the reservations were going to keep flowing, and then there was a "pause. 

However, a surprise occurred with title that drove up our acquisition cost to almost $120k.

The key element is :"the intent of which is the transfer of title"in law, the intent can be the determining factor, it doesn't have to actually occur or be done in a specific manner.You can speed because you have your foot down too hard on the pedal or you can speed because you are going down hill.

Same thing will occur with a downturn in the U.S. stock market.