To simply vacate that and then sell it would probably not pass a field agent's sniff test.Far better to put a rentor or leave your parents in there but treat them as rentors for another year or so. 

Hopefully I can at least equal this year's income over the next year after cutting the cord to the company I'm with.

Even then tho I can see it's still cutting it close to break even or loss for the year depending on major fixes. $33,000 minus $29,000 = is only $4000  and that's not considering garbage or water which I will pay until their lease is up.

Put simply, you got suckered / snookered!

It’s not fair but I’m guessing the alternative is you don’t close, which will likely cost you more money assuming you’ve already paid for an inspection, appraisal etc.Have you simply asked what happens if you don’t pay it?

The easy thing to do is simply dont renew the lease after the 6 months .

I'm am doing a straight up refinance to get out of the HML and into a lower %.HML amount to payoff $56,500.00.Getting appraisal Friday, but hoping for minimum of $125,000.00, being conservative and hoping for better (my real estate agent thinks $135,000.00 but I think that's being ambitious.)I don't think I will really know the LTV till the appraisal is done but assuming the appraisal is $125,000.00 I should have 45% equity into the property, as there will be no cash out, and the new loan will simply cover the HML loan at $56,500.00, plus closing costs $1350. 

However if the liens are much higher than the sales price the seller may simply not be able to sell. 

The catch is that your cut will be less than what a smaller brokerage can offer you financially.

Simply transferring my basis somewhere else.