Hi Johnniejrde,Don't know if this thread is still alive but, noticed that you have not been answered so maybe this will help.Postcard's are a great marketing tools an all of us in the industry should be taking full advantage of this cost effective approach to getting our message out there.

You are approached by a party who offers to lease your house for a term of three years!

For such a property, subject to may well work to take over the property.When you find a property that has very little equity, doing a short sale is the proper approach.

after you find them, how do you approach them and get them interested in what you have to offer?

It doesn't sound like this approach is working out to well for ya." then asked her what her fears are.

I myself have been gearing with these towards a hold and rent approach, this may NOT be your cup of tea if you're looking for a flip only.

I completely agree with the issues already brought up.

If the agent brought you a lead that turns out to be a good deal and makes you money then they deserve something.

Build yourself a speadsheet of the net proceeds for various approaches.

You're not likely to lose money taking this approach... and when you do a deal, you'll know your profit in advance.