Hi Sandy, if you are looking at reperformers, you should probably be looking at your annualized IRR based on how much you want to earn from the P&I payments, tempered with the risk associated for each asset on the characteristics that both @Scott Carson and @Wayne Snell discuss above.

I'd keep advertising and see if you have other qualified applicants.Check landlord tenant laws for MN  and other posts on BP regarding service animals.MMHA is Minnesota multi housing association and is good source for landlords. 

I've been licensed in Georgia since 1996 and have never seen a lease purchase close using a Georgia Association of Realtors contract(GAR forms) so I would suggest researching forums on Bigger Pockets to help you with the details of how to structure a lease purchase properly.   

Why not just have them set up a bank account in their name and you can just run the debit card associated with the account on the first of each month for the monthly rent. 

My community has a large retiree population, and from prior experience with a business that I owned, I know that they enjoy the power associated with their positions.

The same article quoted, "...in the National Association of REALTORS®’ 2015 Member Safety Report, 12 percent of REALTORS® say they carry a gun in the field."

I am a Business Administration graduate of the University of Illinois am a licensed Illinois Real Estate Broker and licensed Community Association Manager.My background in building and developing gives me valuable expertise in maintaining high-quality properties while staying under budget.

We have a fading apartment association in our city, but so many of the new properties are owned by large corporations who build and manage their own properties. 

We listen to tenants but try to not take sides or play referee.To get a good starting version of a lease/agreement that meets the tenant landlord or your state, I'd join a local property owners association.  

A purchase & sale agreement I usually make an offer on is just a contract approved for that purpose by the Georgia Association of realtors.