I would do your best to get in touch with them and see what their intentions and expectations are.

Just make your lender and title company are aware of your intentions for title/deed prep and loan underwriting purposes. 

Yes, the intent so far was to have a mortgage on this property.

These posts just invite agents to pimp their city out.Quit stating your intentions if you're new to something, and start doing your own diligence.

My wife and I are hoping to close on a SFH soon with the intent on doing an STR!

To intentionally reduce the leverage more than required is a foreign concept to me.Best wishesDan, financially you are, of course, correct.  

If you or the tenant are not following the terms of the lease, that party is in breach of the lease and need to be put on notice with intention to follow through on the implications of the breach. 

it is a rare wholesaler that is upfront about their intent to wholesale the property.  

I learned to try and hide the Subject To in a trust, to try and buy Subject To Insurance in case the loan gets called, to not get title insurance because it's just another expense, and it might reveal something I don't want you to know,and that the economy never takes a bad turn,and that I don't need reserves,and I'm not told what happens if I miss a payment or what to do about it,or that I could get sued and investigated,and I have no idea what to do if the loan gets called with the Due on Sale Clause, I also learned, that I can make tons of money having other people spend a lot of money to join a "community" where they get to watch videos of me and discuss Subject To with other students who are equally ill-informed, but they never get personalized training and never buy a property.I'm all set to be in the SubTo community and be happy with equally happy people.It's all there, on youtube, video in color, with great enthusiasm.So, in direct contrast to that, we teach all of that (well not overleveraging, or not using title or the other bad practices)   "one on one", real time, personal, live, no videos, and you actually buy properties.

Hi all –Disclaimers:I don’t have any experience with industrial real estate - or CRE generally speaking for that matter.I will be keep this post intentionally vague for the sake of privacy.