You can't uphold your fiduciary duties while wholesaling a house.

on a 100 year old house that rents for $1000 a month that's about to need a new everything - that is spectacularly deficient.  

Quote from @Charles Evans: I'm a new house hacker here.

@Tony Wilcox: Do me a favor and listen to the largest Allstate Insurance Agent in Arizona and what he says Skyrocketing Insurance Costs Threaten to Shatter Housing Markethttps://www youtube com/watch?

I kind of like the idea of wholesaling out of state leads, however, with subj to i would be VERY careful who you sell those to. 

My name is James Ive been listening to BiggerPockets for a few years. bought my first house in North Port fl 3 years ago!

I also have a mortgage on this property paying $683 a month.Now I'm deciding should I continue waiting for a possible tenant or should I just sell the property.

Maybe they have other properties they are interested in selling without a Realtor involve.

I believe depreciation on that unit that you were living in starts at that point as well.just bringing this up because it was mentioned in another post where someone was house hacking.

But I do have some family in Canada that have told me there has been some tax increases to the STR owners to try combat housing issues.