If you don't know what to do with it, that might not be a bad idea.My concern, however, is that you may be putting the cart before the horse. 

I don't intend on beating a dead horse here - - this just seems way wrong to me. 

But, this policy basically establishes your lease agreement as unenforceable.If your tenant decides to move in 4 friends and a horse?

Call the bank and see if you can find out who is in charge of this decision (if anyone is)--Straight from the horses mouth might be better than taking a chance on public opinion.Good Luck! 

You know the old saying - You can lead a horse to water...

Now the inspector gets on his high horse and says that the house needs to be brought up to todays code to be safe .

If so, tell the owner you want to be the "stalking horse bidder."

It may feel like putting the cart before the horse, but it's possible to learn syndication without having been a passive investor...you just need the right mentor/coach.  

Here's my issue, as nice as it is having a super low housing expense, low down payment upon purchase, etc ( i know there are many other benefits but why beat a dead horse?)

Not even having listed it yet at all while trying to make an offer contingent on the sale is putting the cart way ahead of the horse, so to speak.