If I do not win or choose not to bid, I get back my $100 plus 27% interest (9% x 3 years). 

It's a win-win-win for the agent. 

Win-win of you ask me.

Don't shoot yourself in the foot, but in this market, deliver a good product that a buyer would consider a win.

However I am concerned about getting too burned...I have now had numerous dealing with the sis and I realize she is consumate liar and can't be trusted.thanks all for your quick feedback.would you sell to her and be rid of it - or try to fight those leases and win a sweet 3 family?

That sounds like a win to me.

If the room rents for $800 on it's own, but you could charge $450 per bed, then tenants win if they are on a budget and you make more money.

If they did it right, without upsetting your tenant, it's a win. 

They've had a good relationship for the past 3 years so as a win win, they would move so he could sell the townhouse but he would lower rent a bit to $2,900 so it wasn't such a jump in rent.

You have to know when your initial text goes out, because the response is going to be instant, and you better reply to their reply instantly, but if you don't know they are going out then you cannot make sure you are there.