My sister goes to dental school at UAB so I have been spending some time in the ham.

This has been the best procedure we have developed for so many reasons.

You will also want to ensure that they are not leaving their current lease early without following the proper termination procedures.

The statutes of the Real Estate Settlement Procedures Act (RESPA) require the form be used as the standard real estate settlement form in all transactions in the United States which involve federally related mortgage loans.

Inquire  what the local procedure is for abandoned property. 

Yes you are smart for finding a solution that works, just make sure you do not cross any discrimination or fair housing laws while doing that and make sure that is written down in your policy and procedure manual or it can come back on you at some point in the form of litigation.

Well Raging, the actual procedures and terms will be probably be different in your state, but in Texas its referred to as Third Party Financing (meaning you are getting a loan).

Can someone be successful, if they're Ugly, because of dental issues?

As stated above, you do indeed need to protect yourself by understanding the procedures of sale.  

Okay, that's a little hyperbolic as I know it's not your "standard procedure".