This is one of those questions where paying a few bucks for professional advice might save you thousands later. 

Feel free to reach out if you have any other questions.

.- Dependable, trustworthy and professional. - Weekends are workdays. 

I talk to people every day that are "waiting to see what happens" and "waiting for rates to come down", too many to count.People want to buy property but don't feel comfortable pulling the trigger now with so much uncertainty which has led us to having more inventory since 2010 in Austin.

If they are on a MTM lease, you can terminate now with proper notice, as that contract renews monthly.The RIGHT way to handle this is to issue a legal notice to terminate as soon as you are able, and continue to conduct yourself in a professional manner with this tenant.

Feel free to reach out if you want to talk this through directly.

Feel free to shoot me a direct message!

If that’s not an option you’re comfortable with, pay the couple hundred dollars to have a professional photographer/videographer grab the walk-through so you have it as a permanent going forward.

It won't cash flow, and it's like the wholesaler wants the appreciation before it, you know, appreciates.It feels like some wholesalers are hyping up properties to out of state investors (of which I am one) and they are banking on us not doing even the basic amount of calculations.I wouldn't touch quite a few of these wholesale "deals", and am wondering what the purpose of wholesaling is actually.

Crazy idea - How about asking your tax professional instead of a bunch of people on this blog that have no clue about if you qualify for RE professional status?