To get the buyer back, consider offering to pay for some or all of the buyer's non-recurring closing costs. 

My husband and I felt the usual anxiety about the holidays approaching, but we've been through this before and did not relax our requirements.

Somehow I didn't see this section and posted on the wrong section, my apologies anxiety and lack of patience will make people do strange things!

It is flexible in setting up recurring automatic payments, or one-time payments, and you can specify who pays the $3 fee, you or the tenant.

If you know at the time of offer that the tenant is in violation of their contractual obligations - particularly if this is a continuing ore recurring behaviour, have the Vendor deal with the eviction as a condition of sale.

If it's instead that you have 300k to spend and the house is paid off and with social security or other retirement you eek by then I would think about if I want to do that or not.I get it that people want peace of mind but I think that comes more from a recurring income stream.Can you imagine having 100k,200k, 500k a year coming in from investments and you only live off of 70k??

Question 2: Does the management company pay the recurring (mortgage, insurance, taxes, fines, etc) out of the management account, or must the management company transfer funds to the owning entity and then a check is cut from the owning entities account?

If you start working with them and find you can't manage their business style 2 months down the road on a 3 month rehab that last month can feel quite long while the weeks go by quickly.You'll get over your anxiety and excitement after some time.

Believe it or not, these overbroad assignments have become a recurring problem.

If you're new to buying paper, check out Gordon Moss' book, Performance Anxiety which is an introduction to the topic of buying non-performing paper.