Verify the tenants ability to pay the rent etc. for yourself.

At least from the buyers perspective to add a protective element.2) Moving on is sort of complicated depending on how your agreement was drawn up.

$300,000.oo Purchased & RehabARV $500,000.oo70% rule applied, Thank you B.P. for the info, giving me the ability to present factual statistics #KNOWLEDGE_APPLIED 

The neighberhood needs to look good because your ability to resale can make a difference.Good luck to you!

; do you know how that would affect my ability to write off annual expenses that occur as part of maintaining that property?

I will try to answer to the best of my limited ability.  

You want to market your property to the best of your ability.

For example, how many wholesalers in Oklahoma still use enter into contracts without the financial ability or intentions to close themselves...lots and this is technically illegal in Oklahoma.

If you do not you have no idea what they may be hiding regarding there money management abilities.

I am not sure if VA loans will allow for a cosigner but if they don't, other means of financing (FHA) will allow for a cosigner.Whomever is the cosigner will have the debt on their credit report and it will limit their financing ability.