There may be significant drawbacks to paying cash for real estate, including tax consequences resulting from no mortgage interest tax deduction or the loss of earning power on the money that is tied up in the purchase.

What is your suggestion, should i rent without their approval,what would be the consequence if i do, can they evict.

Or, in the least, be able to maintain a respected, professional reputation for very long.My serious buyers don't care that I'm making money on the deal (as long as they are able to meet their profit margins) so there's no real incentive to screw me over.

This may be wise and economical considering the alternative.Violating tenant rights not only may cost you a lot of money, you will develop a negative reputation in the legal circle and perhaps in the community.There are landlords in the Colorado Springs community that have been Black Listed by Fort Carson for shady practices.

We'll take one more crack at it and see if we can get them to understand the (possible) consequences of doing nothing.

A good reputable seller will gladly help you make sense of the deal and then you can decide if it meets your criteria.

These reputable firms don't charge upfront fees and only get paid a fee at closing when they produce.

Your personal reputation is a reflection on the bank, if you're a drunk or drug user, again you're a risk but you're also seen as irresponsible, questionable character and working at a bank....why bankers drink in private, LOL.

Thank you I should have mentioned I would be looking to reputable 3rd party prop mgmt firm as well

Also pay attention to your reputation along the way, that's your ammo.