We had one tenant who was always a few days late with his rent (the property is in CT and he'd pay a few days toward the end of the state's grace period).

2 year tax returns, seasoning period, certain amount of income to get full value, etc...Also, what can get you denied?

As such, there were several months and periods of time that I did not have income, just money saved, and went to help out my family down south. 

The sellers are requesting what I consider an unusually short due diligence period to evaluate the business side -- only 20 days.  

Do homes bought with cash require a 6 month seasoning period to do a cash out refinance with the bank? 

I guess what I'm wondering about more than anything is hanging onto and paying higher interest with private lending for too long a period before I can cash out refi with a bank. 

It does seem like an area where agents and clients could get confused for example if a client has been working with a string of different agents and the time periods overlap a bit due to poor communication, let’s say they both sent the same properties... one of the agents may get upset and think they had procuring cause or just open a complaint out of spite. 

This lease will automatically renew at its end date for a 1 year period if a notification of termination is not recieved by either party, in accordance with Move out Notice #20 noted later in this lease."

yes it is normal to have to wait for an owner occupant period.

Its fixed for 5 years so if you're not going to hold the home longer than 5 years you never even risk the adjustment period from years 6-30.