Win Win in my book.Now, using is as an investment vessel could be a whole different story, but I still see it as being a potential tool, especially to help someone that doesn't have the liquid assets to jump right in the game.

In fact you can give them a bonus after to build the bond between you and the PML.

If the seller was very motivated, I think LC's could be a win win for all parties, unless the seller is only looking to cash out..For me, LC's seem much less risky than using a bank loan, as I can still have the opportunity to own the home and cash flow, without the potential for a deficiency judgment should something go wrong and I had to "strategically default" (not that I would ever plan to).   

Meant to say since the govt has nuclear weapons they win the argument.  

I see it as a little bit of a bonus because a lot of times, it's customer service that keeps the tenants wanting to stay.

Go talk to the winning bidders.

As per the sheriff sale instructions I am fine to pay down 20% right away if i end up being the winning bidder. 

Plus Saved up $25k cash in the bank.This all happened in 2015.You have to think outside the box and create winning circumstances for yourself regardless of what people think ;)Use the resources available to youGood luck!

Everyone here talks about a win/win.

Just a win-win in the short and long term