Any ideas on how to best arrange this would be greatly appreciated.  

Just keep in mind that if you do it that way it really is more of a take it or leave it arrangement.

I don't use "lease with option terms" and "subject to existing financing terms" and "wraparound mortgage all-inclusive trust deed terms".The upfront agreement basically talks about what you are willing to do as a business person, and sets the stage for not coming back ever.

I think that this is the last stage of the HUD listing process, after they were unable to sell it any other way.

I missed one of your questions.I give slack when a good tenant calls me in advance and makes arrangements in advance and has a clear schedule for when they are going to pay and they know where the money is coming from.If you are going to be a landlord, you must learn to not accept empty promises in lieu of cash for the rent.

Anything specific that you noticed about the leads you were getting (type of lead, stage in the sales process, price point)?

Arranging the spreadsheet by monthly bills and payments, and showing the credits and debits in the 'bank account', and the appreciation month by month/depreciation month by month?

We have offers in various stages on seven of them.

But I suspect a lot of people simply enjoy the planning stage too much to take the next step and move into the phase of action and risk.

The rent should not be an issue, if you have enough money or arrange to travel in the middle of the month.