I plan to rent for a year if I do sell this.

We have 8 kids and I want to spend more time with them so instead of selling we decided to partner. 

There are IRS tests determining who is a 1099 vs W2 and then you have your state specific Department of Workers Comp that will have their own definitions of who is an employee and when you would be required to carry Work Comp insurance.To complicate matters there are a few states where the State itself maintains a monopoly on providing Work Comp insurance and the state is the only place to buy work comp (my state is one of those so I can't even sell myself work comp insurance if I wanted to).Here is an article on the three different methodologies the IRS may use to classify someone as W2 vs 1099.https://www.everee.com/blog/irs-independent-contractor-test/If you are really in doubt call your state's work comp office and ask who they define as an employee. 

Probably they don't or you can watch them get heated up on the spot and make stuff up.Most of the national acts really seemed to be selling something else that probably won't help you.....database software for $30-100/month.   

Hello everyone,I’m seeking your advice on whether I should continue holding or sell a property I purchased last May 2023 in Windsor, Ontario, a city next to Detroit, Michigan.

I sell to hedge funds every day and none even have columbus on their radar. they like Dallas, Nashville, Charlotte. much larger, growing markets. https://www.dispatch.com/story/news/local/2023/04/18/census-...

But they sell!!!

If your wholesaling you should have an assignable contract that you can sell to an end buyer.

Hard money and private loans are likely to be interest only for 12 months, with a very tight timeline to refinance out or sell the property.

@Richard Del Rincon I don't manage that many homes in Crestline (most of ours are in Big Bear and Lake Arrowhead) but in my experience, if you can find something with a view of Lake Gregory or walking distance that would be a good selling point.