As you are getting a mortgage you have X days to move-in so you better be clear on this before you head down the mortgage fraud road 2) Raising rent is a two prong process. 

Would be signing up for a 5year hold and potential liability of a c Corp stock sale and any dirty laundry associated. https://www.noglaw.com/tax-benefits-converting-c-corporation-s-corporation/

The only concern I have would be the rehab work, if it wasn't done right you might be walking into a head ache.

In more of a sellers market, this is still hard to get under contract as a heads up. 

I would recommend you check out the Rockford Apartment Owners Association.

The issue I'm having, is that the seller has it worded that they are "not responsible for any cost associated with the exchange."

You could always create a google number (its free) for the business, manage it when you are available and have the number forward to someone else who can cover in your absence such as a friend or business associate.

The position is for a Development Associate.

@Jay HinrichsI’m currently in the design phase of a cottage court development that will consist of 6 semi oceanfront homes on the Outer Banks in Nags Head NC and we are planning on putting them at each home.

Shoot me your email and I'll make sure you get a heads up the next time we have one!