Those answers should be obvious, first the seller wanting to keep you committed, and the consequences will be spelled out in your contract.

Brandt the exiting option will be usually spelled out in the current operating agreement for the property and partners etc.The debt makes or breaks the returns.

Make sure all the estimates you got from each sub are clear and very detailed, and it spells how the payments will be make. 

Having a good income, money to invest, good credit and low out-go spells options!  

I will give you a bit of info about me so you understand how much other's help and advise has helped me in life.I came int he States about 15 years ago with limited knowledge of the language (hence my spelling), from a formerly communist country in Easter Europe, meaning that we had no credit card system, credit scores, no Real Estate industry per say, as most of homes stayed in the family for generation.  

Too bad they spelled @Will Barnard 's name incorrectly....

I would personally show up to a board meeting with all documentation in hand if it's not spelled out in the governing docs.  

But what your looking for is a statement that spells out “Upon Purchase New title holder must live at property for 1-2 years prior to selling themselves” (verbiage differs in some states but all the same) If AB addendum says that- back out kindly from the transaction.  

This is a new purchase so I am still under the "spell" of the previous landlord's leases where many things are either not specified or vague in the language of the lease. 

Thank you @Wayne Brooks.The thing that queried my interest was seeing closing costs of about 8%.I guess the GFE would spell it all out, if I were to get that far.