If your goal is to be a real estate investor, then I highly recommend you learn/study/live an actual RE investing strategy like buy and hold (which can be straight landlording, house hacking, BRRRR) and can be done in single family or multi family or you can flip or develop properties (but that too is a job and income stops when you stop flipping).Not to discourage you from your wholesaling desires, but think long and hard as to how and why you came to such a decision and know it is NOT RE investing.

I do give advice frequently, but I try to be a straight shooter and not give advice if I am uncertain. 

But having an entire, already extremely niche and new venue, even more niche by cutting out families AND pets is just an extremely poor business decision.

@Michael Cabaña Perhaps you can consider Seller Financing or Subject 2, though I would suggest doing more research on it before jumping straight in.

I have helped quite a few people making sure the numbers are good and measuring twice and cutting once is what you want to do with every deal.

Let’s say you can cut the 27.5 year depreciation you’ll use if you do nothing versus 7 years for anything with a “short” life.

@Scott M. looking into fighting it - it is a bit more complicated than a straight yes/no answer as you can imagine.

I want to cut monthly expenses as much as I can because big loan.

Yes, be straight with the new apartment owners.

I think I will end up going to an attorney regardless so probably will just go to them straight away for a contract.