Someone contacted me wanting to sell a house fast in Oxford.

From my experience in Ventura County, there are not very many reasons why a seller would need to sell at a discount in today's market. 

Today at 4:30 pm we get a call from the bank that they made a mistake and that since my wife is on the deed, we can't get into the house for that 5% down.

Realistically, that is an unlikely event today, given the market. 

I work in NYC today, and know most towns within those counties have either a bus or train line into NYC.

Also, remember that these suspended losses can use against any other passive income, does not have to be related to this house.I know that you wanted to know if the suspended loss would eat you gain when you sold it, but it always better to plan in such a way to take the rental loss today and offset your ordinary income that is taxed at higher rate today than wanting to suspend the loss and later eat your capital gain from sale of the house.  

So I put in 400k$ to rehab the property over 2-3 years, and today, I had it evaluated at 9.5M$, which allowed me to refinance into another property this summer. 

Hello - has anyone seen a developer/tenant scope of work breakdown for a build to suit lease/transaction for a fast food/QSR development?

It sounds like yours could have been more involved with setting you up for simpler day to day operations.

Today the seller contacted me Asking if I would be interested in possibly partnering with her and splitting the profit ,she's even willing to possibly contribute bring money to the table to work out the deal.