I would offer them a lease and invite them to make an offer on the property anytime in the future when they are actually in a position to buy it.

First off that is "estimated" not what will actually happen. 2.

I wouldn't necessarily be uncomfortable with that (I would actually be so proud haha) since coops are community-based complexes so their primarily reason for checking the background and financials is to make sure all their neighbors are in a good standing. 

@Michael Masters, There's actually a couple of ways you could make this work using the 1031 exchange. 

We actually have a couple projects we are working on in SC right now for some retail medical operators.   

Around Black Friday, I went to Ashley Furniture (we'll call this store A1) looking for a piece for my primary, which is an hour from my rentals.

if you're looking for high-cashflow areas, for LTRs, the midwest seems to be the place to be. but if you're doing MTR or STR strategies, the shenandoah area might be the next hot spot for mountainous STR markets. wholesaling is a ton of work up front & i feel like a smaller % of people succeed in it, vs the larger % of people who succeed with actually buying rental properties. 

I have no issues with ones that will actually close at contract price even if not assigned, but the ones just trying to tie the house up for free, with no intention of buying unless they find a higher bidder, is just wrong. 

We actually have our in-person meetup down here in the city this coming Saturday if you are free...here is a link: https://www.biggerpockets.com/forums/95/topics/1177930-insur...What are you looking to do in the real estate space? 

& it's normal to not get to see the actual leases before you're under agreement.