When you're renting a property it's not designed to be a profit center for you as the tenant since that puts more unknown and unmanageable risk on the part of the owner. 

I think the biggest unknown is can you run it as an SRO.  

You're in for $54k before all the hidden unknowns lurking in the walls and sub-floor.  

What you have is a description of what you think you will do over an unknown time period.  

What type of RE are you going into, what types of loans are you looking for, do you have a track record, etc. even if all those have unknown answers as of right now and you've never done a deal, if you do your research and start learning the market and strategies you will be able to find good deals and someone who will lend money for it.

It is not the actual corporation because you could be taking on a bunch of unknown liability with the corp,llc,etc. 

You also always want to include a home inspection contingency so that you minimize risk associated with unknowns that could come up and back out of the deal if anything huge comes back in the report.

I'm not saying it's a method for everyone, but sometimes if you cut off any other options other than doing it, that is the only way to get past the fear, the unknown, and the years that pass of not taking action.

We also don't know if since we've been paid in full by the prior tenants who've verbally agreed with the new tenants an unknown contract, if we're able to accept the payment they are giving us for the 8 extra days.

To take a chance on an unknown there has to be some added value to the seller to contemplate taking that risk ( this is why working with a broker/agent full time in the business can help carry weight to get your offer accepted when you are newer as a unknown buyer in a specific asset class).In residential with mom and pop type sellers it is less common but when you get into millions to tens of millions in purchase price then reputations are on the line and all the little things matter more heavily because of what is at stake.