I know most (well lets be honest ALL) of the answers involve knowing the law or getting legal advice, but as a landlord you want to make sure you are familiar with the requirements because it will come up.

They have to get all new documents. new purchase agreements, new earnest money , verification of source of new funds, run new OFAC checks, create new arms length affidavit.

I am currently working on a mid right formula to automate the process of the letters, but because of the way Microsoft word documents transfer into excel and because a formula needs to be in its own cell it is very difficult to figure out.

Here it is 12/1/17 I still don’t have a closing date,  every time they asked me for a document, I gave them same day turn around.  

If you want to be a host, but do not own anything, you can still do that and make money.Homeowners who don't want to have hosting duties can offer their unit(s), and a Host can opt to take it on.It is a great matchmaking opportunity for homeowners who have units, but don't want to do the work, and for a Host who doesn't mind the work, but doesn't have the inventory to both profit.Anyway, I just thought I would throw that out there since there is a legal, and inviting way to do what you are talking about without getting in trouble with a landlord OR take on any added leasing debt liability.

I am brand new to wholesaling and I just want to avoid any legal issues. 

Not licensed in Maine, and this isn't legal advice.

She is more than 2 weeks late every month she has lived at the residence (also, she is an alcoholic and hostile with the other tenants, but that's not a legal reason to terminate tenancy).

They do this for the tax benefit as well as the legal protection.

Just want to make sure this is a legally possible plan.