I explained to my client that their are too many properties on the market currently to over pay such an absurd amount for the home.

When you don't find the assignee, you've breached the contract and can be sued for breach of contract and specific performance, in addition to fraud in the inducement, fraud in the factum and probably false advertising depending on your lead generation methods if they involve marketing yourself as someone who buys homes but has neither the cash, credit, legitimate identified partners with cash or credit, or intent of closing on the property yourself. 

Sorry to be mean here...but this is one of the most absurd statements I've ever read.  

Marcia,Thanks for the suggestions, I'll be happy to share the form when it's completed.We had so many false starts/stops with applicants who qualify for assistance as either their impression of what is going to happen is totally wrong or they've been downright dishonest on things like # bedrooms authorized or % of the assistance they will have to pay. 

You are under the false assumption that we ever had a free market.  

***I am a rank beginner at all this so please feel free to point out anything I am missing, calculation mistakes, false assumptions, or if I am totally of base

Much of your post is totally false. 

Your insurance will not lower the deductible right before you file a claim....that you expect them to is a bit absurd.  

Like any landlord, no screening company has a magic wand that can detect false information on an application.

The direct email piece to our tenants falsely explaining the evictions during covid and in general bashing landlords.