Question - I was thinking that since it's a month-to-month lease (and the state of CA requires I give 60 day notice to terminate a lease that's been in place over a year), I might just try and work something out with a 60 day notice -- and that if he leaves and the unit is in good shape when he delivers it back, he gets his deposit - plus an additional $300 or something like that.  

If a property management company can take care of the entire process and deliver the return you're looking for, you'll do well to work with them.

With my experiences and eye for a good deal, I am confident that I will deliver solid returns. 

We're looking at a duplex and it will not be delivered vacant.  

@Michaela G. it is not on wheels - but i am able to deliver it to whoever wants it, i have a guy with the equipment necessary.

So do you think it's always good to have buyers on hand because I have been hearing it's better to get the sellers on hand first than get buyers but to me it seems like it would be logical to have buyers on hand because what if you have a deal & a seller but can't find a buyer & also risking a lawsuit because you told the seller you can find a buyer but can't deliver?

@Thompson Truong have an attorney write a clause in the contract that property is to be delivered vacant.

1) if it’s an assignment deal, he’s selling you the purchase contract, not the property.2) In a double close scenario, I’d assume there is language in the contract about the sale being subject to the wholesaler being able to deliver clear title.

(b) The new owner shall deliver to the tenant a signed statement acknowledging that the new owner has acquired the property and is responsible for the tenant's security deposit and specifying the exact dollar amount of the deposit.

Some were delivered immediately online, some I had to wait a week and were done by fax.