Are you up to date on all of your licensing and permitting to legally rent this duplex?  

You sell them the option to purchase by a certain date or in a window of dates for a certain price.

Quote from @Erik Estrada: Quote from @Emma Johnson: Been working on getting a second mortgage on our home for the past 30 days with no closing date in site.

Staying up-to-date on these laws is crucial to avoid costly legal issues and fines.

You’d place in service with the total cost basis on the date on conversion to a STR.

Rent rolls show rents are up to date. 1 unit had lapse in payment for one month.

There should then be a ledger entry dated today for "Additional 2023 fee" for $400.

Then, two weeks ago, I received another letter regarding the same violations, this time with an official notice and a court hearing date in Lorain.

It's amazing:1) How many REFUSE to provide specific payment dates & amounts, supported with paystubs & bank statements. --- Logically, this tells us they really don't have a means to pay or they have no intention of paying.2) How many somehow adjust their budgets to pay rent PLUS EXTRA to catch up! 

Push the closing date to 59 days before the end of the first lease that expires (assuming you will be occupying that unit, even temporarily until one of the other units are available)2.