They may own (free and clear) a nice car, some jewelry or other items of adequate value (or preferably great value) to act as compensation for the lost rent.I'm not suggesting that you open a pawn shop service for wayward tenants, but in this one case, since you're seem to be having difficulty taking direct action against the children's welfare, you might want to barter for the missing cash component of the next three month's rent.Like others above, I however still confused about why you as the listing agent are burdened with this decision.  

You have to report the entire sale; however, your big item will be depreciation recapture.

Up here (Canada) amortization and mortgage terms are distinct items: most residential mortgages carry an amortization of 25yrs, but mortgage terms range from 0.5 to 10-years with 5-years being the "norm".   

In those cases you have the training with your body to increase your odds of defending yourself along with common items in your surroundings you can use as weapons. ( Belt, keys, mop handle, walls, stairs etc. )Unless people have been attacked in real life they have no clue what it is like.

Here are a few items to consider, keeping in mind the list is not all inclusive:Rely on your network (i.e. – other investors, appraisers, inspectors, building supply employees, agents, etc.) to find contractors – what type of work was done, was the project completed on time and within the budget, how was the communication, accountability, was the work done satisfactory, would the contractor be hired again, what did they do well, what didn’t they do wellOne tip from the BP community is going to the local building supply store (in your case – have a trusted person on the ground) early in the morning and engage the contractors who are there picking up supplies.

With the exception of a few items like appraisal, most would agree to NEVER pay ANYTHING up front!

I want to make training videos (via screen capture) for EVERY process on the computer, so I can outsource it all.I want to sell this house for a profit of $42,000.

If through negotiations, you still can't make it work...see item #1

The analysis needs these items, learn the terms and you can save the $59 bucks:purchase price (PP)down  payment (DP)   derived financed amount (FA)all numbers are annualized, rents for the whole year are GSIGSINOI  (just gsi less expenses)DSCR (debt service coverage ratio) = NOI / mortgage*12cash-on-cash:  NOI / down payment [how well your cash is performing]cap-rate:  NOI / PP [ how well this property generates cash]for an all cash sale, the DP = PP, cash-on-cash will become the cap-rate.

Reasons that bid exceeds published judgment (amounts for these listed items get included in the lender's bid):Sheriff's cost Sheriff's poundage (a sort of commission to be paid to the sheriff based on dollar amount of highest bid)Transfer taxesProperty taxesMunicipal service liens (utilities and rental licenses for example) or delinquent amountsCode enforcement citationsRe-assessment of judgment (additional payments and interest from actual date of published judgment amount)Property preservation costs (winterizing, lawn care, board up, re-keying, etc. for a vacated property)Additional legal feesThat is not an exhaustive list - but once you start thinking of what gets included into the lender's bid, it becomes easy to see why the lender's auction bid can exceed the published debt / judgment amount.