Stress is very harmful and no amount of money is worth your well being.

Lots of words...no substance...Let's make this easy...Point me to ONE legal case where a wholesaler was penalized specifically for buying a property for cash and turning around and reselling it at a higher price to another investor (without committing any other violations, like fraud or brokering without a license).If you can't provide even a single example, I think it's safe to say -- STATISTICALLY, not just my opinion -- that this doesn't need to be a serious concern for wholesalers.Until then, it's just opinion without any substantiation...

Well rental income would be taxable normally anyway so there is no real harm done,

My business partners thought what's the harm...we don't plan on buying the house anyways, so, why not share the info. 

We all encounter those who seek to do us harm and as the the Irish say " forgive those that trespass against us but cruse them so we know who they are".  

Spending cash is the ideal way to do this, however, if the loan you got wasn't tied to the property...as in non-lienable debt, it is what I refer to as a "cash like substance".  

You just need a reference to a county where they have done business, then check their recorded documents to verify that their talk has some substance. 

Elisabeth, The military move out provision is not really for the tenant's benefit whatsoever as they already have that right legally regardless of what you say, so it is really just if you get orders to move back you can kick them out no harm no foul. 

Colton S. mentioned, there is no harm in getting prequalified with a lender.  

No harmful smells to take your breath away.