You should at least find reasons to amend the contract for a better price, like repairs, etc. 

They suggested that I file an amendment to the articles to make myself a managing member of the LLC, and even in that scenario, the other two would have to go to their local Chase bank and fill out a form letting the branch here in Portland know that they are members that live out of state.

My code books in storage and Cook municipalities are tough on local amendments, did the inspector state what the expected?

Can you amend your taxes to show a profit (and pay the subsequent extra tax)?

It was already under contract and we would have had to do additional disclosures that would necessitate us amending or re-writing the contract.

If it was a bank they probably filed some LLC amendment documents that you signed at closing. 

@Alissa Engel its Trailing 12 month. same thing as T12.its a report that shows month by month what income was in and what expenses were out. including capital expenses. once you do the financial analysis you go a head and do the lease audit.As minimum ask for the following:Leases, amendments, modificationsCurrent or future lease concessionsSecurity depositsCurrent rent rollsCurrent rent arrears

I had him sign an amendment which extended the closing date to the third week of September, but things have just stalled recently.

If so, the title insurance/closing agent/selling bank will have to cure it, likely thru reopening and amending the foreclosure...don't know how your procedures work there. 

The amendments protect my fee as well as provide a way out if anything goes sour.