If lead reduction (safe) certificate, every time you have a vacancy you need to have a certified lead inspector retest and give you a new certificate.

Freddie Mac Form 1115 – Borrower and Borrower Principal Certificate(s) 5.

I did forget to mention that the city does have some rental certification requirements.

You are not trying to draft an agreement, simply communicating to your attorney what you have agreed on.Submit to your attorney, he/she will come up with further points that need discussion/decisionsDiscuss again, record your decisions and resubmit to attorneyRepeat until the attorney has drafted an operating agreement that you both agree on (you can see that extensive discussion between the partners will save you in attorney costs)Open a bank account (free or close to it) using the newly formed LLC certificate and operating agreementNow you have a functioning company. 

If the Certificate of reasonable value is lower than the asking sales price the Veteran would pay the difference as a down payment at closing. 

And has this house been through municipal inspections to get your certificate of occupancy?

The local tenants tend to move faster but rent per sq ft is much less and when you sell cap rate tends to be higher on resale so less equity.Smaller box spaces they can act within 6 months time or less. 3 months time is more mom and pop or regional type tenant concepts from LOI, to lease execution, build out, getting certificate of occupancy, and starting to pay rent.Having ongoing corporate financial reporting and personal financials will be a key to looking at the health of a business way before they have to give notice to renew the option periods.

My background in real estate/rehabs has been full gut job remodeling houses that my parents have lived in as well as remodeling my current home, at one point I was a mortgage loan originator (helps knowing how mortgages/financing works), and I'm currently in the process of getting my home inspection certification to help identify issues for my own benefit was well as generate additional income.  

The certificate of sale isn't issued until 10 days after the funds have been issued, but not title.  

The home did not have a Certificate of Occupancy.