But I'm now looking to add more properties on to my portfolio and hold on to them as sandwich lease options.  

I am looking to do sandwich lease options or do assign the contract to the tenant buyer

Sandwiched between Denver's booming and Pueblo's lagging economy, there's great upside potential here too, especially for buy and hold. 

The alternative for you is to get into a lease-option or subject to position...unsure of your market, but a sandwich lease may provide you a bit of income and save your friends credit.

@Rob Witt  I have a great friend in Iowa currently trying to turn around a Cappriottis sandwich shop there.  

Try searching 'lease option assignments' or 'LOA's rather than wholesaling lease options.There is a big difference between these and sandwich lease options which you are on the hook for over the LO term if your TB doesn't perform.In general, you will put up option consideration with the seller (say 1% of PP), then assign it to a TB for larger consideration (say 3% of PP).  

Sure, you can acquire it with creative financing like land contracts, seller carry backs, sandwich lease options, credit cards, signature lines, HELOC on primary residence, etc but you'll be so overleveraged with so little reserves that the slightest hiccup could put you in a very bad and painful place.

I mean, who wants to eat that sandwich?  

Terms deals whether they are lease option assignments, sandwiches, subject to, wraparound mortgages, installment sales on free and clear properties, etc. require a deft touch.

Buy low sell high are two slices of bread and what's in between is what makes the sandwich.