@Ryan McElroy PMs don't exercise leadership.

Then when the good deal comes along you exercise your line of credit and the cash goes into a bank account, use the bank account as proof of funds and get write the cash offer.  

Searching for a decent multifamily has become a fruitless exercise.

This should be a relatively quick exercise.

Try not to tie-in substantial lessee improvements with the option exercise. 5.

I would also love, love, love to be able to reply to a post without being forced to scroll to the very end of hundreds of posts that sometimes exists (I believe this is a general enhancement request though, which isn't specific to the app).

I have been trying to think through this mental exercise a fair bit lately.

Cash Flow, Income and Expense, Commercial Enhancements and various complex equity waterfalls and many factors requires reasoned professionals to "size" up.

This is what I envision:Step 1: Find Property worth buyingStep 2: get financing for said project and do rehab to create equity ( 3 year term)Step 3: Find tenants that want to do a "rent to own" situation on a 2 year lease termStep 4: screen tenants and collect "money down/option payment" (somewhere in the realm of $5,000 and negotiate purchase price and get contract signed.Step 5: Hold the note for the 2 years and collect rent payments until tenant is ready to exercise, if they don't then sell the property for the appreciated value straight up and collect the equity.does this sound like a valid strategy, and if so can anyone provide me any insights into any potential pitfalls?  

Claude is one of our personal mentors/coaches for strategic selling and creative real estate, and has been instrumental in helping us enhance both our skills and mindset for success, and standing apart from other real estate professionals in our marketplace.