@Clint CoonsWould you mind explaining how an S Corp avoids NIIT under your illustrated fact pattern if you don't extract taxable income from the corp as W-2 income?

You hear and read enough stories substantially similar to yours, and an undeniable pattern emerges. 

It appears, based on your post, that you have not moved beyond the interview stage with any one CPA.CPAs on this forum have reputational and liability risk, therefore, its not likely any are going to give you fact-pattern specific advice.You appear to be a non-resident alien that owns a US disregarded entity. 

Were you able to reach out to their previous 2 or 3 landlords to see if this is a pattern? 

Unfortunately with the work stoppage in the city, I am In a bit of a holding pattern with surveys and zoning plans moving forward.   

For me, I'm just going to maintain a holding pattern and hope my tenants don't get sick and lose income and put me in a tight position.

The basic process is patterned after the states but just like any international market, it has its own quirks and laws to navigate.

The basic process is patterned after the states but just like any international market, it has its own quirks and laws to navigate.

Right now I'm trying to maintain a holding pattern on everything and if I were in your shoes, I think I'd cancel and see if the seller is willing to either refund the EM, or perhaps use it as credit if you resume the purchase down the road. 

There are a number of red flags with this applicant he follows a pattern of deceit accompanied with an urgent need for the premises.