Typically, though, the terms are spelled out pretty well...at least I know they are here in our Florida contract.

Unfortunately this was held way too long due to a number of factors, including COVID, city planning and permit delays, delays in construction and materials, and additional delays by city.

Hamp,I appreciate the advice.Due to moving back to Colorado, I would probably shoot for long term rentals, so possibly medical school or people stationed at FSH.  

They can close in less than 2 weeks but without seeing the deal terms even if you are a stellar borrower they can’t fund guarantee they’ll lend.  

You will get a better rate and terms, experience, and a faster closing going wholesale than you would going with a retail lender. 

Besides, it will be easier to find a replacement tenant in July than it will be in November.Let him terminate without penalty as long as he agrees to let you schedule showings to potential renters and helps find a replacement.

Any help is greatly appreciated, and I am also not looking to outsource to anyone, so thanks for wanting to inquire, but please provide some help alone if you have any**Also side note there is not even comps for long term rentals in the area either, I am a realtor and have never seen something like this, I even went years back to see. 

Commercial agents build a long list of HOPEFULLY loyal investors that follow them and know when Jay the commercial broker sends them a deal its been somewhat vetted and not a waste of their time. 

Should I do long term rental or short term rental? 

I'm okay with the risk as long as I understand it.