Just ensure this is clearly outlined in your assignment agreement.But in my experience, typically the wholesaler submits the EMD with the PSA to the title company for escrow.

@Davin Manfredi first, regardless of what you do make sure you ask how they are going to run a vent and let them know you have to approve of the work that's going to be done and do quality control afterward.

Note, there's typically email reminders sent to the tenants as well.-  Con's:  Fees. 

Do you have a nice amount saved up for the activities you enjoy(I assume yes given a 30+ year in Tech plus you mentioning making lots of money already in real estate).If that is the case, what are you looking to achieve now within real estate?

It probably makes more sense to invest it than to pay off the mortgage but I can definitely see why someone would want to get rid of their debt. 

It's the guy  cleaning gutters that might do this to make his job easier in the future.

Rodrigues I was wanting to continue living in the property.

Some insurance companies are asking to see the home inspection report in order to give you insurance or to install a $750 water shutoff valve if the home is older than 20 years old.  

You should require the first month's rent paid in full before handing them the keys.Start the eviction process.

If you were to demo, different story.