There is no way I would bury it in a property, where it is at risk in a market correction, and only earning/saving the current mortgage interest rate. 

Thanks so much for your replies!

Then he discovered the judge from Housing court had previously put a demo order on the house due to a past owners negligence and not correcting numerous code violations, also recorded on title.

I've tried calling and texting this tenant but I have not received any replies or responses.

@Ned Carey Thank you, Ned, for your thorough reply.

Sam, Mike, and Kevin, thank you for the replies. 

I want to be sure my business is set up correctly to get the best tax relief possible.

Thank you so much for your reply.

You have a TON of people giving super confident advice on Wholesaling while they have NEVER wholesaled before.People giving advice on SEO when they have NO clue what seo realllly is.Asking about the legalities of wholesaling here, where 80% of the people here hate wholesalers and think they are the devil incarnate I can bet no matter what answer you gt it will be completely useless to you because ultimately you will have to verify what ever you get with an attorney.Sorry this may not be helpful, but this reply could have saved you a ton of legal issues.Find a lawyer .. and ask "it" (because we all know lawyers are not human)

@Maria Luna I just sent you a reply.