Bottom line, initiate the transfer of funds from Federa back into your bank account and contact your bank immediately to initiate a dispute.If anyone actually got to partake in an auction or got their money transferred back into their bank, I'd like to hear from you. 

If you have one and it says it goes to month to month after the initial year, write up that you are following the terms of the initial lease with the exception of....then add in anything that is different (eg rent, giving notice, etc).

Calculators are really just initial underwriting and the best laid plans are wrong the moment you close anyways.

I agree with @Isadore Nelson, there will be an initial sting due to to the IRA transaction but with quick math at 8% your 60k will generate about 4.8k in year one, in 4 months at 1.3k you've already eclipsed that, their will also be a larger tax for passive income and an initial penalty from the IRS, but it won't erode the 8 month difference let alone the yearly compounding effect.

Just make sure there is a good demand for MTR to support this kind of initial investment.

This amount is into the 6 figure range meaning that I will need to come out of pocket with an amount greater than my initial investment in the building in the event a major earthquake would destroy the building.

Quote from @Michael Turner: here is their website - https://www.lurin.com/thanks in advance -  I did a quick check about the company and it passed the initial sniff test.

With the profit from the first deal I would pay for the initial investment technically.  

Definitely ask for a POF and make sure that the initial deposit in large, placed into escrow and is non-refundable after their short initial inspection period.

The seller needs to sell the property for a divorce settlement and initially did not want seller financing.