If they had another offer very close to yours and that person is still interested they might just cancel the contract.Assuming you get the place with the tenants there - I'd approach ignoring their debt, that's not your problem.

Anyone else out there approach decision makers in this fashion?

Would the approach then need to be that I have all these properties registered under my name?

Some may like the long term approach, not to mention the cash distributions that they get with multi but not flips. 

I've been a landlord for a few years, but have also done other things in life that brought me into peoples homes.

However, the Seller has brought up the idea of doing a Master Lease Option (MLO) but, with the exact same terms.

But there are some third party water suppliers (AQUA and PA American Water for example), and if tenant has the water bill in tenant's name with these suppliers then there will not be a lien for unpaid water bills.Some landlords use different approaches when unpaid water bills can become a lien.

Yes, using the income approach, we should easily hit our valuation target.

It will give you a good feel for your market and will be beneficial for choosing which way to approach lead gen.

We are quickly approaching May 2018, which is when we will put it on the market.