Regardless when that edit was made to the contract , they can still use that against you as a landlord breaching contract.That's simply not how contract law works...

That will be a determining factor for where it makes sense for you to purchase.Regarding waiting - bear in mind a lot of people were predicting rates in 2024 would be in 5% range or low 6s, which didn't turn out to be the case.

There could be some kind of buyout after five years or something like that, but if I was able to get a large chunk of my money out of the deal I would have no reason to sell it as it would simply be another cash flowing, appreciating property at which I could also vacation.

Start by talking to a lender to determine how much you can afford (and that you can qualify for a loan). 

I recommend continuing to learn pros and cons of each and determine which paths (I pluralize it as you should diversify even across real estate).

You have to determine if the additional complications and costs are worth the investment in a Title Holding Trust or Land Trust.  

Be sure you consult your agreements with them as well to determine if there is some other action you are responsible for.You may also want to contact your insurance to find out if and when they may step in and do something.

And then drive and determination and money set aside to live on while you ramp up.

My suggestions would be in this order:(a) Determine the type of financing you qualify for - this will short cut the process considerably and save time on investment angles and next steps.

A zoning ordinance determines how properties can and cannot be used.