(emphasis added).Unless I'm misunderstanding you, this is a formula for disaster, Perhaps you're suggesting @John Keenan load up his offer with contingencies that will allow him to bail out later when he's finished his homework?

Also interfacing with a realtor listing can cause some potential misunderstanding of an assignment of an agreement and brokering a property. 

I think the landlord may see it as a misunderstanding and there was no standoff when the landlord presented additional options in the first place.

The capital gain deferral until 2026 & 15% reduction in capital gains apply to only capital gains as well.I would recommend consulting with a CPA experienced in OZ's, there is a lot of misunderstandings floating around about OZ's.

and keep the profits from closing with no misunderstanding.

Misunderstanding between both parties.

I may be misunderstanding your question, but I wanted to be sure you aren't confusing the "room tax" or sales tax with income tax?

It's a simple form used to document the terms of the lease with the Buyer, Seller, and Tenant all agreeing so there's no misunderstanding. 

Maybe I'm misunderstanding what you wrote or, maybe you misstated but you did say "Off their books" which would imply they own it, which would imply they went through foreclosure sale and if that did happen, still, no reputable bank would work directly with a buyer.

Considerations: From contract law perspective, House 1 has a severe misunderstanding or deceit involved (“Rent Ready” is not the fact at all), the purchase agreement shouldn’t be valid from the beginning; House 2 wasn’t properly executed, we should have the right to cancel the whole agreement.