Under no circumstances shall OWNER/AGENT’s acceptance of a partial payment constitute accord and satisfaction or forfeit OWNER/AGENT’s right to collect what would otherwise be the balance due, despite any endorsement, stipulation, or other statement on any check.

Is there a time frame stipulation like that of a FHA?

These discounts or even free rent, come with some stipulations.

It's my experience that you can't be sure how an underwriter is going to respond to documentation like this and it could open the door to more rounds of stipulations than you really want.

There are restrictions and stipulations in certain Cali jurisdictions that restrict if not prohibit STR's Know this before you make an investment based solely on STR's.

Presumably, for Pre-Foreclosure properties, there is no such stipulation - since the bank is not (yet) in control of the transaction?

It seems owning the property first,  even if just for an hour should meet this stipulation.... although the marketing part would still be limited. 

There are some stipulations that might work, but includes you living in the home and renting a room or area within it, and that doesn't sound like what you want.

I wish you the best.FYI: Prices peaked in LA likely in late 2015.Are you stipulating that LA has already reached its peak and is now at #12 in the chart above?

Complete the contract with the purchase price agreed with the following stipulations:    A.