Rent to own, good or bad decision?

[Nick Ferrari]

Just started renting out our first home after we bought a second and a potential tenant came up to me and asked me a question that I didn't see coming.  She asked me if there was an option to rent and eventually own the property.

I've heard of this proposal before on a few podcasts but truth be told know nothing about it.  Keep this conversation as broad strokes and don't feel the need to dive too deep in the details on specific terms but in general what are the more ideal situations where it makes sense to rent to own to someone else.

Truth be told I don't think is a route that we'll be going down, but it would be interesting to learn more about it.