Warning you, he's gonna be trouble.

Many people I talk to for advice (outside of the real estate investment world) warn that it's going to be hell, that renters have all the rights, they'll trash the place, you'll end up in court -- somehow I'll be screwed and it's best to cash out, take the capital gains tax exemption and move along. 

This is what I was told by a RE Attorney when I asked about them drafting up the paperwork for it.The only thing I want to warn you about is that every lease option that I have seen go to court as an eviction, where the tenant/buyer showed up and fought it, the local magistrates have always kicked it up to circuit court if they find out that there is a purchase agreement or option to buy in place.

Just a warning, but do call them to find out!

I always warn my clients this will likely be one the most difficult aspects of buying here...

Corporations have different tax structures and most warn about the double taxation of an S Corp.

The issue is that the rules got changed out from under us, without warning, and in many opinions here, in a short sighted and unfair manner. 

I am in idiot, don't say I didn't warn you.The deal from early 2019, was going to be a fix and flip, but I know now, that isn't the route I want to go. 

I gone through this some years back and I was warned that this might happen to me.

With that said Harvey on this thread is a section 8 wizard and I think he’s had success there... but if you want to have a greater chance of avoiding these issues In the future maybe stay away.also no offense to Your agent or PM but if they were excited about this area and didn’t warn you about it maybe time to find some new people?