If you used a tenant screening company to conduct the background check then they should provide this free of charge.

Studies conducted in hospitals show that doctors that apologize, even when not at fault, are less likely to be sued.

This morning, in conjunction with Chris Clothier and the Memphis Invest team, we released an important study of real estate investors, their intentions, and their impact on the housing marketplace.The study was conducted by a leading global market research firm, ORC International, which has conducted the CCN|ORC International poll since 2007.

If it were me and I had the house under contract, I would conduct a "Highest Bidder Sale" in AS IS condition.

For a small fee, you can hire a commercial real estate advisor, such as a CCIM, to conduct a feasibility analysis that will cover market and competitive factors, legal and political factors, site factors, and your financial analysis so that you can develop a best use decision to pursue.

As long as you do nothing malicious they can't come after you for more than contract law which should be covered by your policy and the tenant's policy (make sure tenants have renters policy) I stated malice above because i am not aware of a policy that can protect you for punitive damages. ( awarded only in special cases, usually under tort law, where the defendant's conduct was egregiously insidious)John, any additional thoughts?

Then the sale is conducted on the court house steps on the first Tuesday of each month.

I'll tell you with my experience, they are definitely a whole lot more flexible than traditional lenders but you really have to do your part and lay down not only the figures, but every little detail that banks,etc... usually ignore.It's really impossible to tell you what terms he may be looking for because private lenders usually almost always have their own personal code-of-conducts when it comes to real estate investing....but generally if you have a good deal and can prove it, the cash will come.

I have read what you wrote and then suggested a way forward in terms of conducting research.John Corey

If a scammer uses the USPS to conduct their scam then they can be found guilty of mail fraud (which is a FEDERAL crime with big penalties).