Life happened and now 6 years later, we need to do something about it.

(Say on the initial purchase if someone is buying right now).3) I can lock in a guaranteed better rate now and enjoy the lower monthly payments now, and only pay maybe 1 or 1.5 points instead of 2-2.5 points later when I have to hope that rates come down again.4) This also saves a lot of time which is an important consideration as some refinances can take 30 days and a lot of paperwork gathering and headache etc.Again, my thoughts on this largely revolve around risk aversion. 

They will be repossessed sooner or later, and investors will be able to pick them up at reduced prices.Gino

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Then didn't take his money out at 3% interest, and 8 years later he still knows all the answers!

So am I expected to only ask for a reduction in price to replace the roof and then later find out it’s double that maybe.

The person I sold it to made $40k weeks later doing nothing to the property but listing it on the MLS.All because he had more leverage.He knew I was in a tight situation financially and took advantage of me.He turned me into a motivated seller.

I would much rather do it now before acquiring the properties than do it later. 

The person I sold it to made $40k weeks later doing nothing to the property but listing it on the MLS.All because he had more leverage.He knew I was in a tight situation financially and took advantage of me.He turned me into a motivated seller.

What we have noticed is that sooner or later, most of the homeowners end up converting to full service.