Better quality tenants because these are really tenant/buyers.Top market rent for the market area.Non-refundable option consideration (initial move-in payment) which is theseller's to keep.

You get a nice initial pop higher, then some higher, and then you might get a "quiet" period (year or so) with small appreciation, and then it continues higher in fits and starts, but heading higher to 2022-2024. 

For simplicity, I would suggest using the BP deal analysis tool unless you have something else built to help you understand what numbers you NEED to look at before you KNOW you have a good deal.I will say that initially the numbers that you provided do have potential, but without the rest of the picture It's hard to say.  

Initiating your network activity is everything.

Although, he may not quit claim to you if he can find his own buyer who will give him more than you will.Also, the bank shouldn't be able to go above initial loan balance unless there is a description of fees.

After my initial offer on both I was asked for my final and best offer. 

Can't imagine how many e-mails and calls you get with the initial $5k payment.  

More than likely my initial bid will be 125k with 128k being my upper bid for FHA.

It's in the initial stages.

.  We were not able to hold the rental until the date you were able to pay the depositand/or initial rent, assume tenancy, or meet other stipulated conditions.  You did not meet requirements on pets, occupancy, smoking, cars, or other terms.  You did not meet our standards for references, income, felony, credit, history, etc.  Your application was denied based upon a written credit report with optional FICOscore; directions to receive a copy may be obtained by contacting us below.  Your consumer/credit report did not contain sufficient information.  You submitted an incomplete, inaccurate, unclear, or unsigned application.  You did not provide a phone number, call back, or return our calls or emails.  You did not submit the required screening fee.  Other_____________________________________________________________.Submitted Screening Fee:  Since your submitted fee was used in the processing of your application, we regretthat we are not able to return any back to you  Since your submitted fee was not used in the processing of your application, we arereturning/refunding your payment totaling $ _________________.Federal and State guidelines limit us from giving further details other than name, address,and phone number of any consumer reporting agency resulting in denial (by contacting usbelow for a free report copy with right to dispute).