For the amount of amenities and what the fee pays for, do you think that it's too much? 

I'd also talk to the current owner, so if they want, they can let the tenants in that unit know.Hopefully you are getting their deposits transferred to you (it is the tenants' money and you will have to pay it back in full when they go because you don't know the condition of the unit when they moved in). 

So I have an applicant who says she will pay 8 months rent upfront to get the house.

Also if a tenant doesn't pay what happens?  

A little bit about myself, I have a full time W-2 job that pays pretty well on the blue collar side. 

I assume you have low-interest 1st lien mortgages on those properties that you don't want to pay off. 

If it is paint, inside, perhaps but even then they pay rent and you pay them for the work they do.

If my buyer does not pay -- I do. 

But making you pay half I dont believe is right .

If it were sold through normal real estate brokerage firms, we would have to pay 6% commission, therefore I deducted 6% from the appraised value to arrive at an adjusted value  of $436,160.