There is no concern for the investor and very little effort is made to get things done in a reasonable time. 

The money spent, the drive, the motivation the effort, the hussle, the risk, the nerves, the not-giving-up, the time put into it not knowing for a fact something will come out of it... heck, the angry calls, the racists bastards telling me to go back to "italy", the asking why they can not speak to Dixie (my super hot partner) calling me fake, asking me where I am from because anyone in the USA with a foreign accent is either a terrorist or a scammer.. this is the fact of doing marketing being me...If anyone doesn't think this deserves at least 50/50 I will happily tell them to shove their uneven split up their butt and let them find their own 66% discount deals themselves.

Here is BYU's page on housing requirements: http://och.byu.edu/contracted.html@Brandon Rindlisbacher Thanks for the suggestion, for those who are creative it seems like there is always a way to make the deal work if it is worth the effort.  

Once those are set up initially, you're good to go and can keep buying however many as you want, but put the time and effort (and money) into making sure it's done correctly the first time.After that, there are a lot of good turnkey options out there.

Passive income- Still requires some effort, but not as active as phase 1.

eat the cost and move on or spend the time and effort to find a tenant by self?

The due diligence is too much effort.

Since rents are lower in those areas sometimes you are better off having a tenant in the unit even if they are non-optimal.So placing a questionable tenant at 500 rent a month to only get 1,000 in 3 months versus the unit getting stripped sitting vacant for 10,000 in damages.If this is an average to better area and a good rental time of the year then it might make more sense to wait.I would revisit your marketing efforts on why this is all you are getting for an inquiry.If you did look at this you might want to check in your state if having additional security deposits is allowed.

For this I would need time and access to the house to have contractors walk through the house and give bids.So I will tell them that if I am going to put time and effort into having contractors giving me bids, I do want the contract signed at the value they owe, but if I can't have the contractor's numbers work for this deal I can walk away.I have noticed that absolute honesty and being open and direct will get people to let you do a lot.I am confident they will accept the terms as they really need to sell.So basically, I can still try to make it work (for us all) and if I can't I walk away.Any thoughts ?

Glad you got paid for your efforts.