Owner Financing + Lease Option = Nice fee?

[Jerome Harrod II]

Hey, I was reading on different real estate strategies, purchasing styles and found a similarity between lease options and owner financing. Now to summarize, correct me if I'm wrong, but generally lease options are used for renting the house monthly with the choice owning the house in the future and owner financing is used to pay for the house monthly with the ability of owning the house now.

I'm not entirely confident that I know how lease options works, but Can these two strategies be tied together? Is it possible find an owner already set to sell his house with owner financing and then turn around to lease option off the same house to a rent to own buyer?

Here is an example of what I'm talking about, I'm not adding numbers for simplicity's sake:
Sue Seller is advertising that her house is available with owner financing ==> Ivan Investor comes in and tells sue that he wants the house but asks to have some time to come up with the required downpayment and for the ability to pay off the entire note at anytime without penalty ==> Sue agrees and they put it under contract then holds from closing for 20 days ==> Ivan marks up the property for more and advertises that the property is available to Rent-to-own buyers ==> Bill Buyer responds and qualifies to recieve the house ==> Ivan asks for a larger non-refundable downpayment than needed to pay Sue ==> Ivan closes and pays Sue, while Ivan keeps the difference between the two downpayment fees ==> Ivan closes with Bill and Bill moves in ==> Ivan keeps the monthly difference between what Ivan agrees to pay to Sue and from what Bill pays Ivan until the giant pay off [end]

I'm not sure if that's the end of that particular transaction style, but I think you understand what I'm talking about. It sounds like it could work. What are your thoughts?

Also, since I help people sell thier notes, I was thinking of the potential that I could make money on the back end by seeing if Sue would be interested in selling the note. If Sue agrees then I can also get a good finder's fee from the buyer of the note.

I get paid 4 ways. From:
1. The Difference of the Down Payment from "Bill".
2. The Monthly Difference From what I owe to Sue to what I'm owed from Bill.
3. If Bill decides to want the house, the payoff difference from the rest I owe Sue and the total I get from Bill
4. After a couple months of holding the Note, Sue is interested in selling her note off and I get paid from the Note Buyer for finding her note.

Now what are your thought on that?