Since we first signed a 1 year lease agreement 3 years ago, the owner has expressed wanting to sell to us, or that we would be the last tenants she has in the home.

Since we first signed a 1 year lease agreement 3 years ago, the owner has expressed wanting to sell to us, or that we would be the last tenants she has in the home.

Since we first signed a 1 year lease agreement 3 years ago, the owner has expressed wanting to sell to us, or that we would be the last tenants she has in the home.

I used Real estate express https://www.realestateexpress.comI think this is the best way to cram.

@Ali Aldhanhani - Hi and welcome Ali....  1 - On a standard real estate investing calculator "vacancy" is expressed as a percentage rate and is understood as a "negative income - or expense" - and helps you be realistic about the amount of rental income that you can expect from that unit during the year.

Can't hurt to send direct mail and if you can find a legit phone number give the owner a respectful phone call expressing interest.

I'm often beset by the feeling that I see the world differently (not better, just differently) from many but am unsure of how exactly to express it in a group setting. 

The expense is more up-front but is far more cost-effective in the long run.Regarding your specific question, unless they have an agreement with you there is no expressed or implied contractual obligation for you to hold the rent. 

I have a partner who has expressed a lot of interest in being an investor.

There have been many folks who have expressed interest in my rental properties that have screened themselves out after checking their FB accounts (i.e., folks who say they have no pets but post pictures of pitbulls chained up in the back yard and comments that puppies are available for only $600 a pup and, sadly, women who post pictures of themselves that appear to imply they charge by the hour).