Are they all long term?

There’s a lot of misinformation out there that is presented as knowledge.One can do a reverse exchange where one buys the new property first and then sells the original property after - all via a 1031 process. https://www.investopedia.com/terms/r/reverse-exchange.aspReverse exchanges do exist and they are “legal”. 

Something to keep in mind when you are looking for stabilized loan options for the long term. 

Does anyone know of a software to calculate medium term rentals?

Did he show house, talk details etc. with the buyer, get contracts drawn, title and escrow, etc.

It seems as if there will be some upgrading of the units, are you anticipating a sale or refinancing out of the subject to different mortgage afterwards or is that the long term debt instrument you want to keep?

@Mark Walker EM is just 1 of the terms of you're LOI/PA, and thus exactly what one peg's it at all depends on a multitude of factor's. 

If it is cheaper to own, you may want to buy and even if you sell in 2 years (assuming the development is finished on time), you may still come out ahead in terms of selling the property vs paying someone else's mortgage.

I would rather focus on the details of the credit report (such as collections and delinquencies and nature of those issues).)

I'm looking at a property that is in an HOA that does not allow short-term rentals but wondering if there's like structure I can utilize in order to buy the property and rent it.