I am selling property through seller financing and the buyer would like to have the payments auto deducted from her checking account.

Like Account Closed says, happy wife, happy life!

If allowed by your lender (if one is involved), figure out the estimate of damages and have the title company place it in an escrow account pending the damage to be fully repaired (would suggest holding a bit more than the actual estimate to cover the unforseen).  

Investment is $15,000Monthly interest only payment of 1%, $150.00Principal of $15,000 returned after 12 months $1800 return (12% annualized)Secured by note and first lien mortgage Perfect for the first time Private Money Lender.

Account Closed Great advice.

In Washington state, it costs $200 to create and $75/yr for the annual renewal.Any recommendations for a local attorney who can create the LLC for me?  

Account Closed Great point on "buying a job" But if you think about it, when an investor buys residential(commercial or true residential) property and self manage, aren't they also buying themselves a job?

@Jordan LaneIt's been awhile since I've taken accounting classes, but one thing I remembered was that it is always better for a business to rent than own their space.

Originally posted by Account Closed:@Donald Hendricks Sorry to hear that and be a good landlord and let them out of the lease and refund 100% of their deposit.They want to stay, not really a whole lot of options really right now, and I am not charging them rent until the repairs are made, minimum 1 month free.

Obviously though, if the tenant the OP is referring to has an eviction history or as a package was just a poor applicant, then yes, the PM should be held accountable for just ramming whoever into the unit to fill the vacancy.