My wife and I were in the same situation end of 2022 where we were looking to acquire our first rental but also wanted to upgrade the primary residence. 

The company never paid the $ on time, but eventually always came through. 

Hi John, I recommend reaching out to a local property manager (search on Google Maps) with many 5-star reviews to see what legal action you can take before the Sheriff is available to execute the eviction.Property managers specialize in landlord-tenant law and should be able to help you determine a path forward that doesn't require waiting 3 months after the lease ends.

I never heard of it the way your describe. are you talking about an escrow account? 

Monthly we have brand-new never done this before students join.

Certainly open to other ideas and strategies, it would just require additional diligence from my end given my level of comfort and expertise would be lacking in other areas.

I have never heard that term!

Lean on your team to make decisions, but know in the end it is you who has to make the decisions. 

Not every scenario needs a test, but on the flip side you don't get a test and end up not handling the issue properly it can turn out to be can be costly too.

I did not lock up this deal as expected for various reasons and I don't believe the wholesaler found an end buyer.