.#1 I would call the city rentals department directly and ask if the seller's license will remain active until the day yours becomes active.

Often times police departments have policies in place REQUIRING officers to activate body cameras when interacting with the public.

The market was much more active at the time though than it is now, so it could be easier now.

This home is one of my favorite rental properties and does very well for us.

It is not uncommon for syndicators to list properties they were passive LP investors in, and for sure to list properties they were/are also a part of GP, with limited/minimal active management roles.

Based on a quick answer from Perplexity it seems like there would be no issue with you buying the home and collecting passive income, but you may not be allowed to manage it yourself since that is considered active work.

Good thoughts as we embark on this New Year.....our time is precious and should be valued way more than most people do.One of my favorite sayings - "Money is a replacable commodity, time is not"

However, these properties are so fun that they are by far my favorite and most enjoyable investments and they have all gone up in value with the improvements that we have made.

Roan Mountain and Watagua Lake are also favorites. 

My personally favorite spot so far is Ko Olina but I'm open minded.