I have this offered often on my rentals in Phoenix and Tempe area.Renters that do not meet my basic criteria offering months of rent ahead of time.

Had a guy finish a boat race in Baja (big $$ sponsors, couldn't bail on them), rush to consulate where he had an appointment, sign loan docs, back on boat, sail back to the US, agent waiting at dock w/ his keys...

Chances are, at 93, you'll come out ahead

Once you have the money in your account, you are able to go ahead and make an investment of your selection. 

Jump ahead 5 years and we had saved enough for our first down payment.So the jump up is I found three like minded people that I spent 5 years getting to know, we had enough cash saved to easily afford our first down payment and feel comfortable that we would have it rented.  

Call ahead and ask if they use their own money before scheduling any appointments.If you have a little bit for down payment (3.5%) you could do an FHA 203k or Homestyle Loan.  

I went ahead and terminated the contact knowing that there would be something better to come along.

*DISCLAIMER - long post ahead* (bear with me and I hope I'll make it worth the whole 3 minute it takes you to read)Let me start with a quick story.

In the future once you've been successful then go ahead and change as your goals and situation does.

So I should go ahead and stick with the $250k?