We asked seller what if the tenant does not leave on that day, and sell agent said according to the contract we are not asking seller to have the property vacant so its not their problem after closing. and they insist the tenant will leave on 4/5/2018 which doesn't mean anything to us.

But these are also excellent opportunities for bad actors to collect money from a buyer and then fail to deliver when the contract is fulfilled. 

Lets say you are a wholesaler and win a property at a sheriff sale or sign a contract with a seller for $100,000.

One that knows how to do a double close or will work with a assignment contract.

Anyone that was preapproved 3 or 4 months ago, and going under contract now, is getting pissed off.

How would you guys structure the contract?

I recently met someone that said they collect their profit from selling a wholesale contract and keep it separate from the seller without a double closing.Anyone know how?

I sold my home in a less desirable part of L.A last year and it went until contract in less than a week Multiple offers When I bought in 2010 it sat on the market multiple months .

You accountant should know how much equity you have in the property and can help guide you but you can do the following:1)  Sell and do a 1031 exchange to delay any gains tax.2)  Sell on land contract to an owner occupant- they would be responsible for maintenance (Maybe include a home warranty with the sale) and you no longer have to pay a property manager. 

What is the best way to solve the issue of bad tenants occupying a house I'm putting into contract?