Where did you propose they stay during that period?

Decided to go with out best offer and try to figure it out during the inspection period but the seller apparently already had a buyer in mind.

I do not know how long you need to wait but you will need to own the property for a long enough period of time for a new lender to lend on it.

Asking prices, which often increase in September, were up 2.4% from the four-week period ending September 5.

ReidWe're in a historically low period for interest rates. 

I eventually found a new GC, but his recommendations for lenders and PMs were spot on after my due diligence period. 

@Justin G.You will receive a K-1 from the syndication reporting your share of income/losses.If the K-1 is received prior to April 15th, you have the opportunity to file a timely filed return.if the K-1 is expected after April 15th, you will be required to file an extension for your individual return.Depending on where the K-1 invests and the amount of your investment, you may be expected/required to file in multiple states.You may have some tax decisions to make during the period when the syndication plans to exit(normally 5 to 7 years).

Going forward, you can just include additional language/terms that provide an opportunity for contractors of your choice to inspect the property during the due diligence period.

Few investors I feel hold sfh for any lengthy period of time of 10 yrs or longer. 

What does matter is they were initially trying to limit the increase for the unit, regardless if the tenant transitioned in that 12 month period.