Placing property in LLC most likely will effect the mortgage and give the lender the right to exercise the due on sale clause. 

I am looking at a large Medical office buildings.

Option agreements are specifically designed to achieve what a wholesaler is basically trying to accomplish (i.e. during term of agreement property owner has obligation to sell to option holder at agreed price, but option holder can choose at his/her sole discretion whether to proceed with purchase, sell/assign the option agreement to another buyer, or simply walk away from the deal by letting the option expire without exercising it). 

@Riaz MohamedRent to own is borrower is renting property and typically a portion of the payments goes towards the principal / purchase priceLease purchase is the person leases the property and has an option to purchase the property at a certain price within a certain timeframe where payments Typically DO NOT go towards paying down the purchase priceIf they do not exercise the option it’s just a regular leaseContract for deed is when they receive title after making payments per the agreement.

I am 21 and own a medical company in South Florida.

Good morning Megham - Medical office buildings - Retirement residence - Triple NNN leased medical or healthcare related real estate.. 

If the answer is no then just simply instruct your agent that you want to exercise your inspection contingency and back out of the deal.

Doctors feel more comfortable with stocks of companies in the medical field.

However, I would love to branch into larger multifamily once my medical school contacts/residency contacts are all out and ready to invest together.

I know the as-is clause in our state contracts allows a buyer to exercise his inspection contingency and get his deposit back if something comes up in the inspection that would make the buyer want to back out.