At the very least you get practice running numbers and if you share your thoughts with the realtor they will have a better idea of what you are looking for in the future.

Not practicing law in your state though, so you need to consult a qualified lawyer in your jurisdiction to see what to do

Quote from @Felicia Richardson: Quote from @Jonathan Greene: It's possible, but not always practical.

Besides the failure rate, wholesaling is legal when done right, but most programs teach you to practice real estate without a license which can get you in trouble. 

Does anyone have any practical experience with similar situations and if so what was the outcome and how long did it take to resolve everything?

Just because a technique for acquiring or earning money is popularized by gurus and practiced unethically by the gurus students does not mean that the technique itself is a scam, unethical, immoral, or that the participants aren’t honest.   

This is part of a larger trend of waterfront developments happening such as the Potomac River Generating Station turning into a 2.5 million square foot mixed-use community, the Montgomery Center turning into 327 new apartments, 25,000 square feet of retail, and 13,000 square feet of arts and cultural center starting July of 2024,This puts Robinson Terminal North as the next big project developers are eyeing, with Rooney Property groups announcing their plans to redevelop the decade-long abandoned warehouse space into a 600,000 square feet multifamily, retail, and thriving park area by 2025 following the completion of Hazel Waterfront Tunnel at the site.This new development, which received approval just a little over a month ago, has had many delayed development plans due to concerns about environmental hazards, which have now all been cleared upSources:Robinson North plan advances amid environmental concernsAlexandria Waterfront Small Area Plan March 2024Potomac River Generating StationSwimmable Potomac River CampaignMontgomery Center Redevelopment ApprovedAlexRenew completes two-mile long, 100-foot deep tunnelAlexandria City West, Landmark Mall Redevelopment (2028)Alexandria's Landmark Mall, which at a time was a thriving 52-acre strip mall that was a major attraction in West Alexandria, has long been an eye soar and swath of unused space.

Unfortunately, renting in the far-left wing states allows tenants to be treated in a manner that far exceeds ethical rental practices. 

It should be common sense that if you respect your tenants, understand the culture and provide a positive and enjoyable experiences, in many cases that is reciprocated.

Do I give up access to transportation, restaurants, cultural activities, doctors, emergency medical care, religious and business activities, vet care and maybe more, to live in the country on my ranch or on the beach in a beautiful country, or do I keep access to all those things and live in the city?