of other threads on LO in Texas. 

I'm advertising for standard rentals rather than LO but on higher end properties I seem to get more leads through Postlet affiliate sites now.  

Good job documenting your results.One thing I teach my acquisition team and we require at the office is to summarize the conversation they have with the seller with the following script:W - what is the house WorthO - how much do you OweW - Why are you sellingP - tell me more about the PropertyA - tell me where this property is located or the AreaRe- what are the Re-pairs needed if anyLo - if I offer you all cash and close in 2 weeks, what's the Lo-west price you will sellBased on these answers, we plug these in our Deal Flow Analyzer and it will tell us which among the 10 ways to make money from any deal makes the most sense for the lead.

Thanks Marv,But is there ever a situation where an Agreement for Deed would be a better way to go over a LO Agreement in a LO or a Sandwich LO. 

First off, you dont really wholesale a L/O, you can set it up as a sandwich (you L/O from a seller and then sell on a L/O for more). 

Anthony, I wouldn't say that is a benefit of a optionee (buyer); neither a lease nor an option gives you the right or position to make repairs or rehab a residential property.You also do not "control" the title to a property, I could buy a property with a L/O subject to that option and assume the existing lease as the new owner.

There's something missing here.I dont like to buy on a L/O, you dont have enough control. 

Talk to your broker.I'd love to see your docs on the L/O assignments, you can PM me as well. 

L/O or buy it outright.  

With a class D borrower in a LO, I know they'll rent for at least a year or 2 before they'll be able to get a loan to excersize the option.