Even the bank is confused and he’s failing a lot of inspections.

-I actually understand where this idea came from, but your memory fails you.

Just send them an email or text stating the lease is canceled because they failed to pay the deposit within 24 hours.

Luckily I was able to convert a portion of the front lawn into an additional parking for not a lot of money, but I had initially failed to account for this inconvenience - lesson learned.  

Quote from @Lee Leoncio: One thing @Jason Wray failed to mention is that you typically need two years of work history to qualify for a mortgage.

The main tenant continued to pay rent, and we failed to really do a proactive follow-up for the next couple of months.In June, we decided to check into the situation prompted by a call from a very concerned neighbor who is familiar with all the trouble the main tenant causes.

“If you fail to plan you are planning to fail”

@John Guillory In my experience most wholesalers fail because they don't build the necessary knowledge and network and that takes time and work.

@Bryan Noth But if the inspection fails to approve should I spend money to fix it before I can renew the lease ?

Corporations with 100's of millions of dollars and endless resources couldn't make this work, I see no scenario where a random dude can succeed where they failed.