Do you think an assignment contract is acceptable or is there another type of contract I need to draw up? 

hello all, I have an accepted offer on a 8 unit apartment building. 

Easier to terminate than, say, evictions since so many areas are simply not accepting landlord requests to evict a tenant.Gail

If the offering is a typical 506(b) or (c) I would not expect the LLC's state to be a factor in whether or not it can invest, unless for one reason or another the sponsor has decided not to accept investments from particular states. 

The apartment is in a good area of Chicago.I've gotten nothing but awful applicants despite being very clear in the description of the property that I'm going to be doing a background check and not accepting tenants with prior evictions or bad credit. 

Are you asking if it would be ok to accept rent and begin a new lease with a tenant sometime in July (even though you've already received July rent from your former tenant)?

They countered, we didnt budge, they accepted.

I just had an offer accepted on my first property and now am going through all the motions before closing.

I have 2 lender offers on the table for a 200k loan & I need help deciding which is the better offer to accept.

It sounds like you're not yet under contract and are in the process of reaching mutual acceptance?