The property is near to extended family, and I want to kill two birds with one stone later this year and visit the property (for the first time in 18mos) as well as see family around the holidays.

And you showed how to extend that to the property search and marketing / screening process.

If you plan to live in it for an extended period of time, and you can comfortably afford the monthly payments and all associated bills then it shouldn't be an issue.

Check the short term vacation rental options in the area- Extended Stay America, Airbnb, VRBO etc. and undercut them initially to ensure you can build reviews and a brand. 

People get wiped out sometimes when over-extending. 

My wife’s extended family just moved to Huntsville because her uncle is opening up an Aerojet Rocketdyne facility, which opened me up to the possibility of investing in the area.

If you sell it to a neighbor who just wants to extend their property then it’s no big deal.

Do you just extend the escrow period?

I applied for a building permit with a zoning variance for raising the roof line and extending the rear wall.

@Beth CannonHere in NJ for extended cold weather the system stops providing heat as there are no heat elements in the atmosphere to extract from.