@Josh Justiniano A few things to consider:If you wholesale you get 100% of the fee correct?

Ms Poe your absolutely correct... 90% of my deals are escrow instructions only...

@Gary Parker The seller could have (an almost) correct understanding of the tax treatment, but because we don't know how much of the $92K contract price is depreciation recapture and how much is long term capital gain due to appreciation, we can't really give you a definitive answer.

Just some food for thought!

Is my expectation correct that we can withdraw from the contract unless we can purchase the rental unit clear of any encumberances?

If you structure your holdings correctly you can build to the point where you make money no matter what you are physically doing with your time.Neither is right for everyone.

I'm sure there have been price corrections but it still holds value because so many people commute into DC and NoVa from there.

Then just click on the person's name.Hopefully, I explained that correctly.

What are the chances of her doing the deal 100% correct, on her own, and maybe paying the price later for it?

Those facilities will want to get the parents' share of that asset, and since I guess most of the equity in that new property will actually be coming from proceeds from your parents' sale of the existing house - will you have a new majority share co-owner perhaps.Jon and Bill have given you food for thought - you have to now "do the right thing" ...