We also have a savings set aside so that we can take 6 months off and essentially do absolutely nothing but soul searching. 

To Mr John Jackson,,,John you really "hit the nail on the head" and crystalized the issue Ive have tried to clarify and emphasize to my investor colleagues in So Cal,,,,,If you take on any poor soul that can "fog a mirror" for a Lease Option Buyer candidate,,,,you're making a "Fool's Error" and buyin' a ticket on the Titanic,,,,,It blows my mind when guys that are "cheerleaders" for Lease Option /Rent to Own get up and pitch the strategy ,,often times they say 'Honestly 85% of the people that get into a lease option aren't able to- qualify at the end of the option period anyway ,,so we're not really concerned about /who signs on with us/whether we can help them qualify for refinancing or not/whether we should extend their contract/whether they forfeit their Option Consideration money,,,you get the picture,,,,Wouldn't we investors be better off (fortifying our reputations in the first place,,,,) be carefully screening and qualifying LO candidates in the first place?"

I would have a hard time pouring MY heart and soul into a building that I didn't own or have a reasonable option to buy.

Do your homework and buy something with prove-able equity.ps - a $240,000 house is 4 X Earnings for you...don't do it.go slow and go low (on price).the real estate world is littered with the souls that financed 4-5 times earnings....I counsel 3-4 sellers every day who are facing foreclosure.

The already "broke" the contract most likely by letting it freeze in the 1st place.Time for some soul-searching.

So far, I have considered Dallas, Oklahoma City and Indianapolis.To those brave souls, who have gone the turn key route, how was the experience?

I wouldn't hire me either because I'm struggling with being a cog in the wheel, preparing reports that nobody looks at, attending meetings that make me wish for death, a commute that rips out my soul and no ability to really care about the bottom line of a multi million dollar company.When an interviewer asks me where I want to be in five years, all I can think of is either the beach or a motorcycle trip through Europe.  

After much soul-searching and at the blessing of a friend that already lived in Henderson, we found our "way out". 

The souls with a weaker "why" or less internal strength will most likely fail even with the best mentoring. 

I agree with others whole-heartedly that commuting longer than 30 minutes each way to work is a soul sucking exercise that will drain the will to live out of you in about a week or two.