I'm not seeing this market sustaining much longer as interest rates rise and supply being so low unless builders grind out homes like no tomorrow to meet the demand.

The supply side is being hurt as well by backlogs of orders for things such as lumber, windows, etc.

You are required to supply the three (3) earnest money deposits and the three (3) option monies by day 3 to the Title company - this is part of your contract, whether you fulfil the contract or back out during your option period.

@Iliya Muzychuk I think this will lead to fewer houses and apartments coming online / available which will further hurt the supply of housing. 

the transfer to the trust i done by a regular deed.

Would it be easier to get financing by SPV rather than regular LLC?

That person should also be the local expert on your team supplying you with the market evals that you need to set your mind at ease to to help you with a possible exit strategy the differs from long term rental.

Our well company comes by 4 times a year, they treat the water with salt regularly, check the purification lights and filters, balance the chemicals etc. 

If the lender finances properties for this turnkey provider on a regular basis, they may have some leverage with the provider by not financing their projects in the future. 

So I could refinance the house into a regular mortgage afterwards?