@John Kent Good advice, I'll try my luck with some local banks in my area and see if I can get that seasoning term reduced.

The primary purpose is to protect the agent from investing time with a buyer only to be cut out at the end so that the buyer can save money by negotiating that agents commission into the deal to reduce cost.

Since we have two housing authorities in Bham and neither is particularly light on its feet, investors can lose a lot to wasted time for inspections, revoked or reduced vouchers etc.

He developed a program just for that need, and that was the first time he heard a member of the public ask for it.  

If they opt for the pro-rated rent they will pay the reduced amount for month #2 since month #1 was prepaid at lease signing.

Tenant screening is key to help reduce turnover & future repairs. 

He/she may have a simple public look up in their MLS for tax records but it will not always show the current owner.The gentleman that is taking care of his mother I would tread lightly with.

The issue is I just found out by searching public records that the property just moved to foreclosure about a month ago.

The rents are at the high end for the area so I think the only way to increase the monthly cash flow is going to be by buying the property at a much reduced rate. 

I was successful in having one of the assessments reduced for one of my properties in the City of Rochester.