The income can be labeled as ECI(Effectively connected income), FDAP(Fixed, Determined, Annual, Periodic) and FIRTPA. 

The identification period and exchange period do not start until the closing of escrow. 

Write your contract based on your own numbers, include contingencies in case you are off by a lot and then ask for whatever financial documents you need during your due diligence period.

Just go in letting them know you will continue to fix things and take care of the property as the previous regime but you prefer a 12-month lease and that is how it will be going forth.You can even give them a month or 2 grace period of a month to month and then add the 12-month lease, which would also give you some time to find a tenant for the other unit.

I don't think it's unheard-of to get a seasoning period of 6 months (or even 4 if you're quite lucky). 

While this is fine for a period of time, I would like to figure out a longer term solution.I've thought of getting a co-signer on the mortgage, as well.

If not, you may want to consider a refinance on a property to hold you over for a little.Are you waiting a couple of years till you collect retirement income(social security, pension, etc), then maybe doing a refinance until you get to that period of eligibility to collect.

Here in CA once an offer is accepted Buyer has 17 day inspection period where buyers at their expense can have all inspections done, then request repairs from the seller (which they're not required to do), and then make a decision on whether to move forward.

Opportunity Zones are new, and have big tax advantages to for developments deals held over longer periods of time.   

As an active investor in the Boise, ID, I'm curious how others who have also been investing in BOI (or like sized smaller markets that are now blowing up) for an extended period are managing expectations and business model.