Purchase price: $63,000 Cash invested: $23,000 bought for 63k as part of a 2 property deal from my handyman. 23k in it in closing costs and rehab.

Feel free to reach out with any questions, happy to help!

As you indicated yourself, it's mostly throwing away money because you have nothing left at the end of the lease.

I need to know how to do a "Rent to Own" properly as part of the strategy for this unit. 

To me at my current knowledge level, this deal only works if taking over the loan - to limit the out of pocket money to acquire the property since the outside reno and new septic would take up the bulk of rehab costs. 

We ended up just selling our 4plex, but out of the three, I liked heart and home best.

(normally recommended, especially if you are a landlord)- Water Backup: For water damage due to the backup of Sewers or Drains.- Personal Articles: Coverage for belongings that have a special or collectors valuesuch as Jewelry, Furs, Fine Arts, Collectibles, etc...Your age should not be a factor on the pricing but, depending on the company these other factors may get you credits:- Insurance Score (company pulls certain info out of your credit report).

I am willing to pay to leverage their connections, especially considering I am looking for my first out-of-state deal.

Buy out partner with Paper.  

It's terrifying to think how fast it can spread with that kind of force behind it.