Since rents are lower in those areas sometimes you are better off having a tenant in the unit even if they are non-optimal.So placing a questionable tenant at 500 rent a month to only get 1,000 in 3 months versus the unit getting stripped sitting vacant for 10,000 in damages.If this is an average to better area and a good rental time of the year then it might make more sense to wait.I would revisit your marketing efforts on why this is all you are getting for an inquiry.If you did look at this you might want to check in your state if having additional security deposits is allowed.

Basically, you will need the purchase money and the closing cost.)Sincerely,Han

They seize the opportunity to move money from those who want to participate but don't know how to get in on the action.Many promoters, educators and syndicators are legitimate and sincere.

Marketing to probate and obituaries can be a wonderful opportunity to investors but for me the key to success is to avoid dealing with the issues of death and to stick to the issues of dealing with the property.I start my marketing with obituaries followed with probate filings and find it just another effective way to acquire property.Short of courthouse research you can go to your local library and go to the reference department and research using what is called a Polk City directory that will list if the deceased party owns real estate.I use a simple letter that has produced great response as follows:This is the letter that I use.DearI am looking at purchasing several properties at and around ________________________(property address) and would like to talk to you about the purchase of ________________________(property address) if you would be interested in selling.Thank you for your time and you can reach me at ( )______ - ______________.Sincerely, John MichaelDid you know that;*Having a will guarantees that your estate will go through probate?

Sincerely,Greg.

I have seen many people who have made it their first time because they sincerely overstepped a boundary by mistake, but it gave them just the advantage they needed.With that I leave a hardy disclaimer.

Since rents overlap on occasion, and since the applicants are aware of this, I find it easier not to call present landlord.I have no problem receiving calls from landlords as long as they have signed approval, in writing, to give out information. 

Incorrectly filing taxes can cost thousands in mistakes and since real estate can be held for a long time, the mistakes compound.At least consult with a professional.

@Rick Baggenstoss gave you the most sincere words for your question.

It depends on the sellers motivation and financial goals.The tenants need to show the benefits to the owner and that they are sincere buyers to beIf the owner is a buy and hold investor, it is toughA long term 5 year option might be a win win