If I get a property under contract and intent to wholesale it.Let's say we agreed 45 days from now would be the closing date.Because this is my first house under contract, I scramble all over the place trying to market this property as a wholesale deal and I can't seem to find an end buyer.Would I be penalized of some sort for not being able to come up with the funds on our 45 closing date?

People were scrambling for jobs, moving in with their parents/friends (like me), and there were obviously tons of SFRs sitting vacant.

This makes the scenario a lot less appealing for an end-of-year scramble. 

Stessa was recommended to me by our CPA and might definitley be worth tracking income and expenses at this point so you're not scrambling at tax time.

And they start scrambling for words and usually lie. 

The lease does not state anything about this so Im curious what position I am in here.Sorry if my thoughts are scrambled here, never been down this road before.

Give them a lengthy heads up and risk turning good paying tenants into difficult tenants or wait until about 60 days out and leave them in a situation where they may be scrambling a bit to figure out their next step?

@Joe Splitrock most lenders wont let you close a loan in an LLC @ first so there is no option left but to close the loan in your personal name and then quitclaim the ppty to an llc.I was scrambling a yr before with this issue went to 8 lenders no one will close the loan in an LLC name.How can it be be justified @ this point that corporate veil is piereced.Then that means there is no way asset protection and bankers are purposefully pushing you to do it.I am not a lawyer ,this is not a legall advice but just sharing my thoughts.

Etc.There is a growing awareness that MBA degrees are not worth the cost, hence why a lot of business schools in the US are scrambling to change the way they market them (see the recent Washington Post article on this).

We are one of those ready, fire, aim investors, so scrambling to learn!