Sounds great thanks for the feedback 

Sounds like you're in an exciting position to start your real estate journey again.

Identify the market you want to invest in (it sounds like you've already done this)2.

This guy sounds like a character.

Doesn't sound like a lease option at all.So, after 5 years you get the $2k-$5k down, the little bit of amortization payments, and the difference of $875/mo and $667.33/mo? 

And based on the interest rates your getting, it sounds like the cashout would be MORE EXPENSIVE debt, rather than cheaper debt.

Sounds like lower non qualified / qualified ratio is the way to reduce CGs and depreciation recap.Furthermore, 1 property is owned by my elderly mother and can future reduce CGs via step-up at passing (assuming current step-up tax law)Property 1 (CA Condo $800k FMV, $450k basis, 10 year owned as 2nd home, wife+I are owner)Rent 2 year in CA (24mo rule), 1031 to WA, rent 1 year before converting to primary residence for 5 year before sale.Is qualified use years 10 (2nd residence) + 5?

It sounds like you’re in a good spot with your rental and investments.

Sounds like you are talking about a commercial property.

,It sounds like you may be looking for something more like this:  www.synergypgh.com/wp-content/uploads/2013/09/Investment-Presentation.pptxThanks...that's similar to what I'm thinking.