As the new owner, you’ll want the lease and your landlord insurance policy to take effect as soon as you take title to the property.Temporary Lease Considerations:While short-term leases can work well, leasing to a seller long-term often leads to complications.

The process is pretty straight forward and not complicated at all.

@Chris Clarkson, having a partner can complicate things for sure if you're not united on direction. 

You could then complete the construction and build your primary where you want on the land.It's a bit of a complicated process. 

Those are separate issues that complicate the sale, but do not deprive you of the right to sell.

The more you provide, the more complicated it gets for your cleaner or whoever manages quality review.

So I am less concerned with that one at least for the time.I enjoy researching many things and solving complicated problems, but figuring this out has not been one of them.

He also talked about creating a multi-member LLC that the SDIRA would own, but that options sounds too complicated. 

Our life is complicated and I work a complicated stressful job, but if we’re being honest, I also don’t have time for renters, but I somehow make it work and I personally think it pays off.Mtg: 1800Rent: 2900Owe: 200Rate: 4.5 I thinkSell Price: est. 450-460No other rentals except an in law suite on our current primaryFuture goals: would love to use this properly to buy other properties to get out of the corporate rat race. 

The rules are pretty complicated and the only people who really know all the terms and rules thoroughly are the Rent Levelling Board.Caveating that I’m not an attorney so go seek your own advice but I clarified a few things at a recent rent levelling hearing (which are open to the public and you can find the schedules with a simple Google).