Investors Wanted To Believe though.....I saw people pay $50k Over the HOA judgments on that gamble......a nice surprise for the homeowner who hadn’t paid his mtg for 6 years......not so good for the buyers.

Otherwise you will be gambling. 

For me anyone with a fico below 560 is probably a life long deadbeat, and anyone with no credit file, probably is also a dead beat, but they could have no credit for many reasons other than their lack of credit worthiness, so I assign 25 gamble points to the no credit renter and treat them as equivalent to a 585 fico.

That said, in many circumstances it might help. it's a gamble at best imoI also assume this is for a retail primary home, if it's for an investment house then I really hate this idea.

I gambled on the cheap solution and lost.

If I give a free month as incentive I am guaranteed the lose of $3500, if I take the gamble and not collect the deposit, I’m hedging my bet that the tenant wont trash the place, and therefore less likely to lose $3500 bucks. 

I took the gamble and got it 101k and made it work for me.

I much perfer to be conservative rather than gamble.

If manufacturing comes back in my lifetime, I'll be happy, but I'm not holding my breath or gambling my future.

My advice to NR if you really are authentic and want to change is simply this....DUMP the MLM portion of your business, lower the prices, and focus on creating REAL investors.Just my two cents....LOVE IT!