Sure enough, the whole circus started and I wanted to pull my hair out.

Let the buyers look, stay out of their hair & answer any questions they have.

Don't worry, I'll get a hair cut and shave this weekend.

Wait until the current owner's financial position has improved and then buy a house.No one here provided an answer as an attorney so to suggest ways to skirt the issue of having the current owner stay in the house and not benefit is splitting hairs ... frogs hairs at that.The easier solution is just to move and hire an attorney to hound the deadbeat dad.

I know, a bad hair day.  

Thank you Scott,The bank countered at full listing price and my initial offer was at 87.5% of that.I intend to submit my counter just a hair higher and see how it goes.

I will say on the commercial side I have heard just about every hair brained scheme by a buyer to purchase a property for little to no down.The more "HOCUS POCUS" a buyer is trying to do the more of a longshot the deal won't happen.VANILLA deals are best.I have cash and here is proof of funds valid within the last 30 days OR I am putting 25% down and can finance the rest.Much of this exotic stuff is buyers who might WANT to buy something but are trying to accomplish something way above their means.I have to spend tons of time weeding out these time wasters for my clients.If you can't afford to do a deal PLEASE stop being in denial and wasting everyone's time.Instead save up the money,partner with someone,etc. so that you have the capability to do a deal.Unlike REO's with Short Sales there is a common misconception.

This is what ALOT of you need and have been looking for while pulling your hair out and trying to figure the ROI, percentage and just putting it all together.

Extra bathroom, washer/dryer, lenient pet policy, play up what your unit has that sets it apart.Low income areas will take more time, energy, and will cause more gray hairs.  

But now I have a few more grey hairs and a lot more life experience.