That's very acceptable and reasonable. 

Accept whoever applies" is an idea that would cost you a bucket of money in the long run.Bankruptcy is usually a "no" unless it appears to be a one-time event caused by something out of their control such as a massive medical bill or a business failure. 

No one will accept an offer like that (for future costs being too high) and if they do, there is an issue.

It enables me to market properties effectively while also managing application screenings, processing monthly payments, and accepting maintenance work orders.

If I were to hazard a guess, would be lucky to get 1 in 20 bids accepted. 

While there are some rather light legal and tax aspects, buying or selling a note is not rocket science.The hard part is selecting the right note and obtaining the right or an acceptable price.

Just be honest with people and they have the ability to accept or deny the terms.

That is to be expected and it usually falls within the acceptable rate at the time.

You can accept the settlement. 

I do it's sitting right in front of me.Try going to REOMAC they are not going to charge you thousands of $$$ for it.Unfortunatly last time I checked they are only accepting "servicers" memberships now.What if I said send me your resume and I'll send it to all my AM's, would you be willing to send me a referral fee on the listing you close that came from my efforts?