I started my OOS HML  career in Detroit and that was 2002 and WOW coming from our area what an education I got.. my clients that were doing turnkey at the time and all the buyers were out of state ( basically LA based) the local on the ground operator was very good he had all sorts of tricks to try to keep the houses safe.. the one i really liked was painting the copper pipes grey so thieves would not steal them..

When speaking of a strictly commercial loan that is a different animal as is not 2 units purchase first time buyer which @Thomas Lebens states he is. 

Some desperate first time home buyer will totally underestimate the work and pay full fare.

That does not even include the one or two deals that happen daily or weekly between realtors who know the buyer/seller and make a deal happen as almost an off-market deal.

If your rental property is occupied, there are different rules that apply for selling to an investor versus selling to a buyer who intends to occupy the property.

I am extremely outpriced in my market, and I am a first time home buyer.

I had 3 interested buyer.

We have found that the Midwest offers an attractive price per door that cannot be matched in any other region.

Quote from @Chas Lumley: Quote from @Caleb Brown: Getting leases is typically done once under contract, I always have verbiage that leases will be reviewed by buyer within the inspection contingency.

@Cheryl J McGrath  Personally I don't see why any RTO buyer would enter into an agreement  and put down money if you don't own the house yet.