Lease-to-Own: Could attract buyers who can’t buy outright now but want to.

Your lease is with them and they enforce the house rules.  

Builders and institutional investors have responded with a number of build-to-lease projections throughout the area. 

And by not going well, do you mean lots of complaints or worse like not renewing leases and that kind of thing.Sorry for all the questions, thanks!

Do you want tenants to have access to a portal where they can make rent payments, submit maintenance requests, and view lease terms?

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!

You want to make sure you set clear boundaries and have a transparent lease. 

Happy tenants are more likely to renew leases, reducing turnover costs and vacancies.Legal Compliance: Property managers ensure compliance with local, state, and federal laws, including regulations on rent control, fair housing, tenant rights, and eviction procedures.

The lease is not up for a couple years; however, the USPS has submitted a proposed lease to me for the next 5 years.