Usually any Offer/LOI has a feasibility period and a closing period. 

He is responsible for the documentation, which includes a letter from the IRS, and he administrates everything for us including periodic paperwork updates.

However, we are coming off a dozen years with crazy RE appreciation   That trend is unlikely to continue unabated   We could enter a low appreciation or depreciation RE period.  

That reason is most likely price.I would recommend linking all the reports you have in the MLS and shortening the due diligence period if falling out contracts have hurt your marketing effort.

I am completely new to all of this so just clarifying - when I buy out my lease it will be for a 3-7 year period.

I did a Rent to own offer spread out over 4 yrs 10k  down payment in the form of 200 dollar monthly installments in that 4 yr period, paid alongside the monthly rent.

.- Your options are to either wait out the 12-month waiting period and refinance into an investment property loan using a conventional loan or look for a non-conventional loan.

Although with that 35 dollar cost from Zillow, she has the liberty to apply to as many apartments in a 30 day period. 

My wife I house hacked to financial freedom in a relatively short period of time. 

Was there a contingency period?