Additionally, I also have another K1 (LP only)- Since I am not a GP in this deal.

I would avoid this if its your first acquisition  but you also appear to have enough cash to complete the purchase without financing so you wouldn't necessarily be at risk of losing your deposit, only incur additional transactional costs.

The best real estate advice I ever received was from the CEO of one of my first employers who became an impactful mentor of mine.

This is ideal for investors with multiple properties or self-employed individuals, as it allows them to qualify based on the cash flow of the asset rather than personal tax returns or W-2s.2.

Since Friday I have been mostly occupied with trying to help my old employer get crucial services back up and running in Asheville.

@Sureen Hari recommend you speak with a few property management companies in addition to your agent.Who do you think will know more about rental markets?

I also help manage several small portfolios for family members with properties in Austin TX and Juneau AK and will be purchasing about $2.5m in additional small multi-family properties in Austin TX and/or Juneau AK by the end of the yard.  

Additionally, my commute is 25 miles each way.Here's our plan:1.

Additionally, the limited rental period may not significantly impact the gain, but it’s essential to confirm whether any prorated exclusion applies or if the IRS rules regarding converting a primary residence into a rental property could affect the tax owed.

@Moshe Marciano it will be up to the title or escrow company to allow the closing to take place by putting funds in escrow until resolution.Often, they will want 125-150% of the amount in dispute to cover additional interest charges, etc.If this is allowed, you can then hire an attorney to sue the PMC for slander of title.