I suggest that you make it a point of finding a good lender, not just someone who can do the job of helping your clients buy their home but someone who is willing to teach you.

What I've gathered so far, is that it is more than likely a step in their process to change the electric utility back into PM's name (they took care of all bills on our behalf) by the move-out date.

Usually I don't like to buy or recommend to my clients to buy where there is a lot of new constructions going on that don't have a cap on how many properties they sell to investors.

Thats how I started in real estate and how I help clients today south of Boston and in RI.

I do have a client with almost similar situation.

Reporting begins when it's placed in service, not when it’s first rented.This post does not create a CPA-Client relationship.

Since then, I have started my own cleaning company specializing in Airbnb Turnovers, Commercial Real Estate, and working with Realtors to help create memorable client experiences. 

As you gather all this information, I would continue bettering the process and continuing to buy deals.

The client can always use their own funds to replace debt. 

In my 25+ years of representing clients before the IRS, not once did the IRS ask to prove that the payments were actually made by my client.