It's your duty to protect them and your relationship with them.Sure, "their interest lies more in the monthly payments" right up until the payments stop coming.

This is a great time though to discuss tax issues and possible changes coming with a new president.

I have a sales agreement with someone that was signed a month ago and the closing was supposed to be in 2 weeks. 

Yes, I do understand their are ways mitgate risk through renting to tenants through housing programs, but my interest relies in buildings with more tenants.

Currently, asking some of my close friends to help sign a lease agreement with me.

This is my first time filling up a unit and I'm out of state.

Unfortunately, you are stuck with the monthly mortgage insurance.

Purchased a buildable infill lot for $10,000 in an HOA, with similar lots going for $30,000+.

With that said, my goal with advance booking is to bring-in a decent amount of revenue during the offseason (winter), but don't want to scare anyone away with a large initial deposit, and of course I'd like to discourage cancellations.  

First off, I want to say how much I appreciate this amazing community.