Screen applicants as normal and select the most qualified without consideration for the contractors offer.

I have looked into portfolio loans however they normally require a hire amount financed than I am looking for at the moment, my credit is top tier and income is more than enough to back any loan I am looking for.

Hi Ayaz,Given that he's been there for 4+ years and you have no condition report, you are likely going to be giving him most (if not all) of his deposit back.  4+ years is a lot of time for "normal wear and tear", and you have no idea what the condition of the place was like when he moved in. 

What you are describing isn't exactly "normal" but it isn't illegal.The listing agent may be able to make a case against the seller that they brought a ready, willing, and able buyer and are due a commission but that's an entirely different issue.

She lived here for 3 years so not sure if new carpet qualifies as normal wear and tear.

If the tenant is still in a valid lease, how does this normally work out (evicting)?

But your situation will depend on your specifics.1st: Virtually any investment strategy you can achieve through normal/direct investing you can achieve through crowdfunding (and achieve similar returns).

Normally someone would need $67K to get into this deal.

you will normally put a max bid on your escalator clause..

I had a property management company I was interviewing once try to convince me that allowing a perspective tenant to view a property without them there was perfectly fine, totally normal, everyone was doing it that way, and since they got a credit card number from them first I was covered.