The whole point of requesting repairs is so that they are done to your satisfaction.

I was super lucky on one where I provided a satisfaction of mortgage in exchange for a quit claim deed.

These have not been easy to find and have required me to be very patient.

Be patient, and expand your search.

Seller is to pay ZERO towards the closing.Seller's obligation to close contingent upon lender accepting proceeds of the sale as final and full payment satisfaction of note and mortgage deed indebtedness with no further recourse of deficiency judgement against seller.The lender is going want a net when they approve.

Saying gotta choose your your deals and be patient.

., the main sign was their credit wasn't exceptional, but they made enough money to afford the place. sadly, they've actually taken very good care of it up until now, but i think they don't know how to manage money.i'll be honest and say my mistake was that i wasn't enough hands-on with the tenant selection process and jumped too quickly. i'd hoped to have the place rented out by the end of july before i left for a vacation to costa rica. i didn't market effectively enough and that didn't happen.my property manager found them while i was on vacation. i was hungry to start making money on this home i'd just sunk a significant portion of my savings into and they "seemed like good people." my property manager is taking responsibility for the bad experience, but it was ultimately my ok.the lesson here is to do your due diligence in screening and be patient while you look for the right tenant. i'm losing more money now with them not paying than i would have had i waited for someone better. even worse, i'm going to have to kick someone out in the middle of an extremely harsh midwest winter, which i've read is a terrible time for finding new tenants.

Thanks guys,Good suggestions, I like the large earnest money idea.Yeah Minot is a pretty hot market from the oil boom, there is some talk of over building lately which is bringing the rents down a bit it seems.I'll keep looking and be patient.

My best advice is that you are better off taking your time and being patient in order to get a great tenant.

As you continue to explore BP I am sure your satisfaction will only grow with the different avenues it has for gaining knowledge.