This is $3500 less cash they have to come up with and you are effectively taking $3500 less for your property.

Maybe it has the positive effect of creating more inventory for long term renters but that seems negligible. 

Trying to tie up the property only to negotiate on it may be only time wasted. 

How do we not the ground running in the most effective way?

Want the wrong tenants, well, that's easy.Knowing where they move to if they skip the rent - waste of time and will simply wind you up.

I don't want to waste time searching for someone once the home is under contract.

I am trying to find a buyer/solution for the next property:Inglewood, CA 90303 Number Of Bedrooms: 3 Number Of Bathrooms: 1 Year built: 1947 Effective Year Built: 1947 Finished Square Feet Total: 1,204 Lot Size: 6,244 Lot Width: 52 Lot Depth: 120 Number Of Stories: 1 Number Of Units: 1 Number Of Rooms: 7 The Tax Year: 2012 Garage Carport: Garage Looking for $365k, selling with occupants that are related to former owners.

No effect. 

You want to waste $200 and three days, get some fliers printed up for cheap and walk the neighborhoods you are interested in and try to pick up some deals.I can't stand these people. 

This way you can refund their fee having not already wasted it on a background check you did not even need.