I think it is a mistake to value the property based on full occupancy.

Well yesterday the home was relisted for owner occupants with a bidding period set to expire at midnight tonight.Do I need to place another offer to be considered, or will my last offer be kept and considered once the bidding period closes?

Is the "license" similar to a certificate of occupancy?

Does the lease specify that an unauthorized occupant is a default under the lease?

Other states have much, much longer timelines.Its very possible the occupant is the previous owner. 

I have some buyers in that area but I would need to know details of the property.Do you have an offering memorandum with pictures, sq ft size, tenant histories, lease rolls, asking cap rate at the 24 million price, last T12 (trailing) months of occupancy.

By living in it we got owner occupancy rates and status.

occupancy for each? 

Ask for market occupancy and rents.

I agree with almost everything @Bill Jones said, however here are some caveats:1. the transaction between your seller and your LLC is exempt from the dodd-frank laws due to it being a "commercial loan", but ANY way you extend that credit to an owner occupant means that you are extending credit to an owner occupant, even if you're just assigning interests.