They know the issues with the house and they accept the house in that condition.To have a legal lease, landlords need to pay capital repairs. 

Navin Naik Assuming your 'acceptance criteria' is that you decline for evictions, I would decline -- you must send an Adverse Action letter or at a minimum explain this decision is in part based on background information.

I just accepted a new job in Ithaca and I'm going to be relocating to the area from Washington DC.

Hello all,I am a 25 year old from New England who always had a passion for fixing up real estate.I went to a trade school and my father owns a construction company.A few years ago i was involved in a bad accident.To make a long story short i will be accepting a check for $250k in the coming weeks.I would love to get a loan for a rental property and can put a down payment down of 20%.My problem is i cant work in my old field and therefore am not working at this moment.My credit is around 600 right now but i have a few credit cards that are maxed out but in good standing.I plan to pay those  off and expect my credit to rise to over a 640( i lived on those for the past fear years because i was injured)My question-Anyway i cant get approved for a 200k and under mortage with that kinda cash in the bank and credit score?

Where FHA deals can be more difficult, I am having trouble understanding how that alone is preventing your offers from being accepted and, where inventory is very low right now, suspect the $100k approval is what is limiting your choices most of all. 

So timing is every thing if your house is ready for market at 60 days and you get an accepted FHA offer work the buyers inspection and loan process to make sure you have the appraisal dated on day 91 or later. 

If you accept a personal check as that very first payment and it bounces, you now have a signed lease with a tenant who hasn't paid you a dime.

Bank asked me to up my bid, I offered 180000 and they accepted.  

I don't know if the offer will get accepted, but good eye!

I think that's acceptable to include.