Vacant is key- they have to size up rooms, not the persons belongings.And depending on the circumstances- in your case they were leaving on a happy note- lets consider someone who isnt paying and wont leave.

I think it would be much harder to attract quality tenants to a neighborhood that shows obvious signs of decay and neglect.

I can safely say that the answers to those questions in this circumstance lean more on the landlord tenant side.

I think our circumstances might be slightly different since I have an investment property.

You need to get to the level where you look at the property, the circumstances and the apply the right stratedy. :)

This of course neglects to take into account the lower interest rate from owner occupied financing and lower (FHA) downpayment, but I would never get FHA financing anyway, especially with the new regulations.I think the main arguments for home ownership is if you know you will be living there a LONG time, and the house provides some utility that could not otherwise be had renting.

This includes lower price homes where the amount of commission is not enough to motivate a listing broker, certain geographical areas that brokers don't want to deal in, houses that are difficult to evaluate because extensive repairs are needed, and possibly higher priced properties where the wholesaler is willing to accept less spread than a typical broker commission.Under these circumstances the wholesaler should be able to fully disclose his role and still get the sellers agreement.

There is a myth that the lease-option is easier to gain possession of a property where a buyer defaults, the L/O can be if everything goes as planned but if you get an optionee fighting you it can take longer than a foreclosure in a non-judicial proceeding.The target market mentioned, BK, FC, SS, folks are not really suited for such a short term, 18 month, transaction it depends on where they are in those circumstances.

In the past we were more forgiving and it ultimately just backfires...With that said, under certain circumstances we bend the rules and forgive a portion of the fee if the tenant is proactive and let's us know the situation.

Just be sure and have wording in the lease to address that specific circumstance/dynamic.How many students are you looking to rent to?