Quote from @Steve Sayler: The cancellation fee is fully disclosed, so you are obligated to pay it.However, you are firing them for failing to uphold their end of the agreement, therefore the contract should be voidable at your option.

Additionally, if anyone can share any lenders who specialize in financing first-time flippers, I would greatly appreciate any connections or recommendations.Thank you for considering this opportunity. 

You have the option of paying this yourself or have the tenant pay it.

This is an option, but it's not for everybody.

Another option would be to partner with a local vendor - we did that a lot and would make 10% commission. 

I’m interested in selling the property, but would ideally be able to sell at a higher value if someone can either A) assume my mortgage or B) I structure owner financing or C) another idea I haven’t thought of. 

I would say that house hacking is a great option to consider. 

Wanted to check here first before speaking with my attorney..I have a portion of my portfolio to sell and would like to provide financing. - held currently in a single LLC Would I be able to sell 3 properties with financing per year and at some point be holding +12 mortgages ?

Premier Property Management is a viable option.

I personal would only explore re-financing with other lenders (having conversations- getting to know what they offer).