Except for odd circumstances you're obliged to the current rent until the lease is up.

@James Mc Ree, @Ian Ippolito,Thanks for the advises, yes, crowdfunding platform does not act in favor of investor, I think, not transparent and neglecting, I agree with you that investor shall continue to communicate with the platform.Regarding the date, following is from the agreement"2.2 Initial Maturity Date; Final Maturity Date.

I'm also reticent to purchase in a lease/rent park as so many of them are becoming increasingly more blighted, neglected and ignored by their owners. 

This is a view shared by the chief compliance officers of the IRA custodians we utilize, as well as several other knowledgeable professionals in our network.The risk is that the IRS, should they decide to scrutinize your activities, could look at the situation one of two ways, depending on how they view the facts and circumstances, and also likely the skill and mood of the investigator:Here is a trustee for a plan executing contracts on behalf of the plan.

So a building can be neglected for 10 years, sell for $15,000, and still be at the same 90K - 120K assessment with taxes around $7,000 / year.  

However, circumstance has us not able to move into the new home until 6 months later.  

Think about it - if someone is having trouble making payments they are most likely neglecting the property too.  

I'm familiar with what closing costs are...the point I was confused by was the numbers in the original post as not much was mentioned about the $10k difference.In either circumstance...congrats on the sale and profit.

@Mike Howard Absolutely check with your attorney first, but I would see about doing a down payment or option to buy just do not under any circumstance call that money a security or rent deposit as it will fall under the security deposit guidelines.

This is my version of paralysis analysis & is main reason why I'm looking for a mentor and some advice/direction, lol.Most of the places I'm reaching out to the absentee owners about are neglected single family homes that I'd intend to rehab and relist should I find an owner with enough equity an inclined to sell at a price that fits within my system.