You need to pay attention to the lots and blocks.

The house is in unincorporated Decatur, Ga, a relatively popular intown area of Atlanta and probably won't be too hard to get new tenants (but what a pain)I've  come up with these terms -- please give feedback --I'll release them from the contract if we all agree in writing that:1) they understand that they're breaking a  binding contract and legally they are responsible for the remaining 7 months of rent, HOWEVER2) they are responsible for paying the rent in September, since they're not giving 60 days notice, BUT if a new tenant lease begins before October 1, I'll refund what they paid for September prorated for the days covered by a new lease.3) I get to show the house to prospectives before September 1,4) any costs incurred in getting the house ready for the next tenants will come out of the security deposit.Does this sound reasonable? 

You want to be artist, ok. you want to be doctor, ok..... here is the road map.I can't elaborate what they allow me to do, I just haven't hit a road block with them.  

Historically places like Central District and Judkins were not great neighborhoods but now new townhomes keep popping up at every block and prices keep going up like every second.  

They are probably going to experience more pain than they know doing rent to own.  

I've called absentee owners on the block, thinking they are landlords, reaching out to everyone I know, but can't find a buyer.I guess the purpose of this post is, to show those that are new how much action you can take, and still have no results.

I think one charges a bit higher to recoup costs of pain/fixes after a short lease.

I didn't do this on my first one, and its been a pain because the buyer's insurance lapsed. 

(The bank is not going to just sell it at a loss to the first person who talked to the seller - they want it exposed to the market to get maximum value out of the sale).That being said, both of the above options are a real pain to deal with, and the odds are extremely long that the bank will sell to you at a significant discount.Here in Florida (even after #2 is complete), the short sale addendum to our contract allows the bank up to 90 days to review an offer.So, what typically happens is:1.

Too much time taken away with the pains of employees(contractors)...Almost worse than dealing with tenants sometimes.BTW, I very much enjoy what I do leaching off someone elses net worth otherwise I would still be doing RE full time.