I had also prepared to offer the occupant cash after moving out rather than have to go through the eviction process to create a sort of win-win, rather than a loose-loose (where the angry occupant is forced out and destroys the house along the way).  

Win-win. 

After this you can take out a credit card that you pay off each month. 

Preferably, never carry a balance over to next month on your credit cards.

(Here goes R playing his money card)V: "My goal for my first year is to earn as much as what I currently earn at this job"R: "Which is about to increase because you're getting a pay increase plus if everything goes right, you'll be getting a mid-year promotion and another huge increase *took out his calculator*, so by the end of this year, you could be making close to $100,000."

I didn't do a good enough job pulling out motivation on the phone.I now prefer to send post cards with a message that qualifies more leads.  

Tenant will prove dirty apartment at move in with pictures ,call the tenant apologize for the misunderstanding, return the money and move on; Tenant  will most likely win in court and you will most likely pay deposit plus penalties x3, plus your lawyer's inflated fees good luck

But, if you chose not to hold the property in your portfolio and to put it on the market and sell it for market value the scenario may look like this:  (Win-Win, he no longer has to deal with a property that he doesn't want and his debt will be erased sooner rather than later and you convert that 50-75k of equity into cash that you can use for your future deals). 

Not to mention you pay the money back to yourself over time anyway so its a double win.  

Some ignore failure, other refuse to acknowledge accounting losses as useful stats and other just win from day 1.