Quote from @Wendy Patton: I agree with @Drew Sygit - and check him out for PM. 

Check out Wendy Patton's book, I think it's called Subject To's and Lease Options.

According to Wendy Patton's book I could get 10% for lease option premium. 4% Expected appreciation (I asked a successful local inventor) And negotiate equity buy down.Thanks Jo

I'd recommend these three:- Michigan Real Estate Investors - Great REIA run by Wendy Patton of Lease-Option fame, meets in Troy, http://www.michiganrealestateinvestors.com/- Renegade Detroit Investors - Another great REIA, run by Jeremy Burgess.

The first thing I did after this deal was buy Wendy Patton’s book as a way to reciprocate for the lessons she freely taught.

I just purchased 3 books yesterday Lease Option by Wendy Patton, Buying real estate by peter Conti and Fast track by David Finkel.

I'd recommend these three:- Michigan Real Estate Investors - Great REIA run by Wendy Patton of Lease-Option fame, meets in Troy, http://www.michiganrealestateinvestors.com/- Renegade Detroit Investors - Another great REIA, run by Jeremy Burgess.

I think that this may fall into the General George Patton quote category."

Ronnie, In addition to RDI which meets in Corktown (Detroit), the Oakland (County) REIA meets in Madison Heights, http://www.reiaofoakland.com/ Wendy Patton's REIA meets in Troy, http://www.michiganrealestateinvestors.com/I co-host a free monthly meetup with @Aaron Yates that rotates around the Metro Detroit area, the next one is at Champps in Troy on Tuesday, January 13th 2015 starting at 6:30.

My suggestion is to do a Google search for Wendy Patton.