Quote from @Kevin Gonzalez: Hey Carlos,Welcome to the party!

The owner, the lender or a third party? 

The IRS views this as a related-party transaction, and deductions like rent paid to yourself wouldn’t qualify.

Be mindful of a gift tax implications if you sell a house for less than FMV.Also be mindful of transactions between related parties when selling at a loss.

Missing these dates can have dire consequences.Schedule third-party inspections early and submit lender applications promptly.

I have read I will need to use a third party service to make this happen.  

Building homes always comes with surprises but the best part is that our clients don't feel any of that.

The tricky part is that if we hold onto it , we surely will be in the red if we decided to rent it out.

If it’s tied directly to the lender as part of your mortgage agreement, you’d probably need to negotiate with them or refinance with a different lender who doesn’t require that restriction.However, if the restriction is part of the property deed itself and was placed by a previous owner or another party, it can be more complicated.

nothing wrong with that at all as the property is being sold to 3rd party.