A real estate wholesale generally occurs when a wholesaler enters into a contract with a property seller, who more often than not is looking to sell a property in a short period of time.

The seasoning period doesn't have to do with how you purchased the property.

Average inspection period?

Keep in mind that many lenders require a seasoning period (the most common period is 3-6 months). 

If the property is generating 10% CoC and cash flow remains relatively the same after the refi, returns on the remaining equity in the deal should be high enough to give you that 50/50 split for the rest of the hold period.

But I think the law is something like if you owner occupy a property for 2 years of a 5 year period then you don't pay any capital gains on the first $250k if single or $500k if married, of capitol gains.Have you taken depreciation on the property?

More CA specific info here - https://expressevictions.com/c...And this one says tenant must prove both that you accepted the payment AND did not notify them that partial payment would be insufficient.https://www.justia.com/trials-...So, post a new letter and include language that partial payments are not sufficient (and maybe put the legal phrase "accepted with reservation" that some other states require, as well).

In addition you could get them to come out during the due diligence period to check the pressure tank, well pump, etc to see if it may be a cheaper fix. 

So one red flag I do see in your analysis is zero seasoning period.

Most banks/lenders will require an ownership seasoning period from 90 day to 6 months or longer.