Landlord Leased Unit

[Mendy Blasberg]

Hello BP,

I am currently under contract for a duplex through a wholesaler with $5,000 deposit as earnest money. I was set to close on a duplex the other day and as I got to the property to get a contractor bid I discovered that the landlord has rented out the unit through the management company he uses. This throw me off as I had plans to renovate the unit and then refinance. 

Has anyone run into something like this before? Is this a breech of contract since since the landlord changed on of the circumstances of the units?

Would love to hear your feedback. Thank you in advance!