Lease option

[Jaime Frausto]

Hello I have a potential customer that has been approved for a Short sale on his current home.  (he is upside down big time- owes $220K worth $105 ) and has $15K to put down on a house.  I am looking into purchasing a home to sell to him with a lease option for 2years.  My question is does the rent that he gives during the 2 years does it come off the agreed sale price or is the rent just straight income to me?

Any advice is appreciated.