I haven't done a lease option before, so again would greatly appreciate any criticism and feedback.House is a 3/2 in a very desirable area.

Feel free to shoot me any questions, criticisms, or tips!

Assuming, one has picked a market/sub-market (based off market research criteria), the critical factor, for us, becomes exit cap rate. 

The approach to invest in a single-family propertyis critical in that you must evaluate your options and make a decision based on proen success in the past years .

This is  a deal will be bought in foreclosure fixed up and then rented for 3-5 years  before we sell.Can you please be a critic of my logic in buying all cash in a market where a refinance does not make sense. $2,500.00 MONTHLY INCOME$1,739.50 MONTHLY EXPENSES$760.50 MONTHLY CASH FLOW2.41% PRO FORMA CAP RATE$9,126.00  NOI$295,800.00 TOTAL CASH NEEDED3.09% CASH ON CASH ROI4.56% PURCHASE CAP RATEAfter Repair Value $379,000.00I will Sell the Property in year 3-5 years with a $92k-$139k in profit. 

It is critical that you know the exit plans your buyers have for their acquisitions and consequently in which areas you can find those deals.

However, I have warmed her up on the idea of a MIL suite for rent as a long term or AirBNB.I look forward to any advice/constructive criticism you can provide.Regards,Austin

Of course finding the right team to work with his critical and nothing is more important than the PM for long term success of the investment.

Returns should be generated primarily from the performance of the real estate – not through excessive use of leverage – and it’s critical that investors understand this point.Often, property investors don’t realize how important it is to quantify leverage, so they end up in overleveraged investments.

In the next 15 months I plan on having $90k in savings + 15k in equity, I'll have listened to all 270+ podcasts of Bigger Pockets, read through a list of 30 books I have determined critical to my success, and formed a TEAM of likeminded business professionals.