Lease Option Strategy

[Clifford Gray]

I am located in Florida and am looking to develop a "Lease Option" strategy.

• Is it more profitable to look for properties that require minimal rehabilitation or fixer uppers?
• Should I look for B to B+ properties or C to C- properties?
• What amount of  up front payment would attract most tenant/buyers, 1% 3% ...? 
• Can this payment be called a down payment or are there legal ramifications to that term?
• Should I offer to "escrow" a portion of their lease payment towards a down payment of their future purchase financing?
• If they can't purchase at the end of the lease, is this escrow'ed money due back to them?