My main question is should we wait the extra time so we can hold the property longer or should we try and sell this year, take the profit and scale quicker.

There are also a large number of accountants we work with who say that as long as it is done at arms length as a business like transaction then they are fine with it. 

Define your minimum cash-flow to hold this property. 

Many experienced RE attorneys should likely already have something similar to your needs that can be amended to suit your business.

You're the buyer at this point, until the contract is assigned.3. 

I like it, so much I'm doing almost exactly that with a partner. 

Being an out of state investor and having a full time W2 profession along with other responsibilities as a mom, this was exactly how I wanted my investments handled.

It takes capital to do this business and if you don't have it I wouldn't suggest throwing it into a marketing machine for wholesale deals.

There are/were developments going on last I was out there but not enough for me to want to pursue it at this time.

I love the idea and I would like to analyze deals using a variety of strategies and model each strategy out, however I am struggling when it comes to the rubber meeting the road for analyzing the deals.For example, I would like to analyze deals in a single spreadsheet for various strategies such as seller financing, subto, traditional lender, external investor, etc. etc.