The profitability is very depend on the lease you negotiate with the property owners.

Alternative options include offering a significant down payment, a lease-option agreement, a joint venture, or a deferred closing to align with John's timeline.

Hi I have a friend who is buying his first duplex using a VA loan he’s in the process of evicting a tenant because he needs to move into one of the units but is having problems the tenant is on a month to month lease and he gave her a 30 day notice to leave.

It’s more risk because no way I could have it leased before my 6 month leaseback is expired.

I offer them with an additional fee and lease addendum. 

@Mayit Balit I’m also looking for a lease option to purchase agreement in Texas.

They also do listings, track leases, house documents, and can run reporting on your financials. 

On my end, I would never purchase a property that won't produce at lease 1k in net cash flow, and it must be in a desirable area that is expected to appreciate.

I recommend you really study your market to determine the appropriate rent rate, then market yours 5-10% below the competition for a six-month lease.

I'd be letting my tenant know that their goverment is failing them.Actually, the HAP contract does say that we can charge the HA a late fee after the first two months of occupancy if reasonable and otherwise accounted for in the lease.