One bit of advice where you can be ahead of the curve is to write down your screening criteria for possible tenants and commit to following it.

However, lenders often add their own requirements, and many interpret the “intent to occupy” as a longer-term commitment, sometimes defaulting to the 1-year rule as a safeguard. 

I am the owner of DealMachine and extremely committed to taking care of people.Out of good faith -> I will do whatever you'd like as a full refund or the 50% refund with continued useHere's where we notified you about the upcoming charge (it says you opened it March 13th?).

I’m committed to putting in the work and making things happen, and I’m looking forward to being part of this great community.Thanks for having me!

A JV structure is good for a one-off deal because the only commitment you have is to the investor(s) and that individual project or deal.So in part, the answer to your question depends on what your objective is. 

Make use of the 6 month period, don't commit until you're ready to spend the time. 

Achieving excellence in anything generally requires an extreme amount of dedication and time commitment, time that could have been spent doing a thousand other things.

This aligns with the principle that you earn 10% of the value you create.Hedging Risk Through Long-Term StrategyJust as pension funds mitigate risk by diversifying and committing to long-term growth, this model spreads risk across various income streams and a timeline that prioritizes adaptability and stability.

Commitment Letter: A loan term sheet shows intent but isn’t binding so that brokers may see it as preliminary.

Brokers, lenders, and investors must work together with mutual respect and a shared commitment to ethical practices.