Hi Wayne,There's creative financing possible in the interest of cashflow. 

Here’s a quick breakdown based on my experience:Building new construction gives you full control over the design and materials, allowing you to incorporate the latest energy-efficient systems.

No incorporation or anything that complicated.

Jorge,I am by no means bashing you, but it seems like the title company which you hired is perhaps not as familiar with subject to or other creative financing positions.

What are some creative ways I can do my due diligence on the tenants? 

I told my account manager multiple times to make sure they were asking about creative finance options.

Hoping for a creative solution, but doubtful.I have been renting the property and thus the reason I'm giving it several years rather than waiting the proverbial 1 year and 1 day.

It seems like the IRS is simply giving me as the organizer, or managing member the ability to choose one or the other scenarios, with either a clause in the operating agreement, or written on the Articles of incorporation/formation, or simply by a Members Resolution.

This is very helpful.If we rented our home (and purchased a second home) we could likely purchase another investment properly in roughly 12-24 months after, but this would depend on how creative we'd get with financing.Totally agree about having all eggs in one basket. 

One strategy that has consistently brought me success is seller carry financing and creative deal structuring.