And just look at the reply immediately above yours, which repeats the same nonsense.I guarantee no more than three calls to established brokerages are required to list a house in any condition.

Then a month later he was running short of funds (he was doing several rehabs at the same time) and he borrowed against the same home which now was in much better condition.

I don't know your market or the condition of your home, but I have found these numbers to be helpful with my properties.Again, I know nothing about your market, but I can tell you that one of my properties in Atlanta has a very similar valuation and rental rate, and the actual bottom-line monthly cash-flow is around $400, all expenses paid.Hope it helps.

It brings up a list of every tenant that meets your requirements, a list of ones that are approved with conditions, and ones that do not meet.

But you can't give any guarantees to the seller.If you leave the tenant buyer to their own devices and do not consul them on improving their FICO score and their debt to income   But doesn't look good for you as a lease option agentI recommend you look at upgrademycredit.com and ask for Blair Warner, who has a huge amount of experience helping people increase their FICO Score, and in  loan origination in generalAnd he resides in the great state of Texas, but does increasing of FICO score consulting business in all 50 states.

Do drive bye's first so you can see the neighborhood, the conditions of the roof, dead/dieing trees, driveway concrete issues, etc. before asking your agent to set up a showing. 

When considering re-glazing or replacing a tub, you should take a good look at the condition of the existing tile and grout as well as the seal along the top of the tub.

Usually, what will be difference in terms and conditions between them ?

One I like is that they are renting the property in "As Is" condition meaning they have approved of the unit themselves and I will not do any "Upgrades" to the property.

It's in move in condition.