The accounting aspect is a an additional thought I hadn't heard before.I know some people have used this strategy in an attempt to avoid triggering a re-evaluation of property taxes.  

I've started networking with people I honestly believe will be a great help to me in my endeavors. 

@Grace Hartman you gave limited information in your post but I'll attempt to assist you.

Assuming you did not invest originally.To clarify, I am coming across some opportunities where a sponsor is in the middle of the biz plan, their loan is reaching maturity, they need extra capital, and they are attempting to raise the extra capital from other LPs rather than or in addition to a capital call.They are offering "rescue capital" investors pref equity that is ahead of original common equity investors.

What's the opportunity cost of putting you time into managing vs putting your time into other endeavors.  

This gives the buyer one last walkthrough inspection to make sure the home is being delivered as agreed upon and attempt to iron out any issues with seller.

Do you suggest I speak to a lender or attempt to get my house rented first?

Is it worth waiting until we have more cash and purchase closer to Boston or do we move our endeavors north to get into real estate and scale up from there?

No refund or even an attempt at attaining customer satisfaction.

Actually the only option in my mind is to sell but I don't see any room if the seller is attempting to pull all of the equity when I acquire for him.