I understand this is not a requirement, but I have never received a damaged unit from an inherited tenant or any legal issues.

Just remember that wholesaling is much tougher than all the gurus make it seem to be, but not impossible at all if you create the right systems and understand, when you are new, that you are solving problems, not throwing cash.

Is my understanding correct? 

Unfortunately, this problem waste a lot of my time that could be spent on other investments.I have used the same tax professional for many years and he is very educated, but also much older than me and it's hard for me to understand all the reasons he has expressed why is better to put the rental on my personal tax returns.

This means understanding the neighborhoods, pricing trends, and what buyers are looking for.

I'm sorry, I don't understand this post.

I could take look at it for you, and help you understand it if it's a standard lease, no need to pay me, although I am not a lawyer.  

Your question is pretty broad.

Why ask: This helps you understand how many people have succeeded under their mentorship, giving you an idea of the potential outcomes.

It is my understanding that the new owner will have the house at the cost basis of my purchase price, for calculating capital gains taxes or depreciation.For gift tax purposes for you - FMV.For capital gain tax purposes for the recipient - your original basis/purchase price