The only way around this is to finance as a non-owner occupied property. 

Within 60 days and for no less than 12 months is ubiquitous, even non-qm and portfolio loans just use the standard FNMA boilerplate contracts that contain that exact promise (0% chance any SCOTUS will ever rule a FNMA contract void due to contract language, since that would eradicate trillions of dollars of American homeowner net worth).

They are almost non-existent in commercial triple net leases.  

Partnerships by definition have two or more partners.Maybe you have a single-member LLC.However,Transfers to an LLC or a limited partnership is generally non taxable event. 

First, collect the non refundable option consideration when the applicant qualifies to be your tenant/buyer.

Pursue non-institutional lending to provide a bridge loan that covers the building and the estimated rehab costs. 

I know taxes outside of retirement accounts for REITs can be a bit complicated, but I think the tax treatment is the big difference as far as I can tell. 

Also, there's  a tiny bit of some non-wood destroying fungus in the crawlspace.

Any broker or individual investor who values a non-commercial asset using commercial metrics are only showing their ineptitude. 

@David Zheng"Salary" you pay yourself from a sole proprietorship or disregarded entity is just a non-deductible owner distribution.If you need earned income for Solo 401k, IRAs, etc, might be best to set up a Corp or LLC PM company and elect S status as @Ashish Acharya mentioned.