You should probably get a more reliable estimate on the value of the property to determine if it is suitable as a rental in your market.

He's lived there over 6 years and is a reliable tenant..

Mitigation with foundation flood vents might also help reduce premiums along with fill or other solutions.

But sincerely, if not, they probably need a solution for their next home...in a hot market.

Oh, but to make things a little more nuanced, I might have the solution that I'd shoot for:When you close on this purchase, you're going to promise to move in within sixty days.That in theory gives you adequate time to fulfill your 12 month obligation on the last mortgage, and meet the 2 month deadline for the new one. 

Hi all, looking for a good, reliable commercial realtor in the west Palm beach area to help secure leases on office space.

Did a lot of research how to take care of them, and after my local inspector did an inspection, she recommended going with a professional instead of the home brew solutions.  

Part of building your reliable team. 

I do a lot of lease options, I'm sure we can come up with a solution for you. 

In speaking to my attorney, he advised that I contact my lender and inform them which I did and they refused.Sooo my solution is to renovate a unit (tenant moving out) and refinance to a commercial loan.