Rent-to-own vs buying rental property

[Justin Dixon]

I came across I guy who has a 4 bed rooms 2 baths 2000 sqft home who wants to sell it for $50,000 or do a rent to own on it. Now he came to me because he knew I was looking to get into real estate investing doing mainly buy and hold SFH. So first I am going to ask how would I even go about this? Because I will definitely would want to get all of this written down and documented if I decided I wanted to do this but I'm not sure how? Would I just go to an local attorney office? But my other question to you guys is do you believe this would be better then just going and buying rental property? Quick info on me I'm 21 and I have a W2 job my hours are 7pm-7am on a rotating shift. I work in IT so I'm sitting in front of the computer all night and I know my hours may look crazy but I actually have nothing but down time form 7pm to 2am then I start all the work then. Plus the pay is really good because of the hours I work I am always guaranteed overtime. So with knowing all that what are some on you guys thoughts?