I have been floating the idea in my head of becoming a part time real estate agent in the near future (6 months - 1 year).

LOL.and you would not have had the massive foreclosures  and I get it in those days reserves what are those everything is rosy.. and boy I just made it through by the skin of my teeth myself but I went through Millions in reserves and equity to protect my good name and credit standing.. it was brutal.. so yes I am totally debt adverse.I am more like my grandpa who lived through the depression and never had a penny of debt most of his life .. either way.. what ever floats your boat right ???

But I look at lots of commercial stuff like that that is a money suck if you have the capital to keep it floating for several years and may just then be profitable because you can sell it to someone else for a higher price.Now, if you can buy it for $200k on owner financing or better yet pick it up for back taxes then you have something.

Also it is best to call the state or an attorney to confirm as there is a lot of information that floats out there that is not 100% correctThe website to research all of this is:https://nationwidelicensingsystem.org

So selling and requiring a contingency with a floating closing date for you to find your replacement is not a bad thing to explore at all. 

It is a balloon floated up asking to be countered or ignored.

But an actual contract contingent on his finding a suitable replacement or with a floating closing date would be best for his putting an offer on a new property. 

More headache than is worth it for someone young and starting out with little liquid cash to float if something goes bad.3.

Once you have your system and network in place it can be very rewarding with minimal involvement thus freeing up time for whatever floats your boat. 

@Oscar Maciel everyone is different about debt so I'll just float it out there, how long would it take for you to save $20k?