All is not lost though--there is a bill that would amend Title III to make it more workable by increasing the funding cap to 5M and allowing for SPVs.

My tenants have been in place since 2019, and so far, I have been renewing and updating the lease with a 1-page Lease Amendment-Renewal Agreement stating the new term and increased rent amount. 

Karen - After 10 minutes, you can add an amendment to ANY forum post that you've made, where you can do exactly what you're talking about.

An executive order written by the President today will now enforce the provisions of Dodd-Frank on rental properties as well as owner-financed properties. All landlords will have to become licensed and will have t...

Then, amend his agreement at the soonest possible moment (check your jurisdiction's laws) to eliminate problematic payment methods.

Casey, you can always the residential purchase contract that licensed agents use, and remove / amend as appropriate.https://www.aaronline.com/wp-content/uploads/2015/09/Residential_Resale_Real_Estate_Purchase_Contract_Form_September_2015-SAMPLE.pdf

(Adopted 1/93, Amended 1/95)Standard of Practice 1-7When acting as listing brokers, REALTORS® shall continue to submit to the seller/landlord all offers and counter-offers until closing or execution of a lease unless the seller/landlord has waived this obligation in writing.

Basically, get the seller to sign the amended sale contract, assign it to buyer, send to title company.

If it comes back from the county as a SFH then have the appraiser amend the appraisal.I assume you want it to be a SFH to get a FHA loan but will it be worth more as a duplex?

Josh, when I created a group I then went back and amended the name of that group.