The buy back was a comment over the phone, nothing legally binding unfortunately.

Good news is our land is where all of the next-door houses are (free houses, I think legal issues). 

Legally speaking, the issue is not a material fact since it was remedied. 

There is nothing about how long you need to occupy the property for.So unless our lender puts a demand on us I see no problems legally in occupying each property for any amount of time to fulfill the requirement, then rinse and repeating this process up to our full entitlements, so long as the lender is willing to keep giving us loans.

Originally posted by @Will Zena:Also he is well advised legally.

I use this for tax and insurance which all properties have)Expenses (general business like admin/legal and by unit for repairs, trash, utilities...)EBITDA (earnings before interest/taxes/depreciation/amortization.

I also understand accounting and legality may play a role.

Hire a company/person that is solely a QI like @Dave Foster they do it every day and will keep you legal and on track. 

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

They keep you legal in regards to screening, notices, and so on.