Create a Lease-purchase AgreementThis option, also referred to as rent-to-own or a lease option, involves a seller leasing a property to a buyer who has the option to buy it for a set price.

@Lily WangRental arbitrage involves renting a property at a lower rate and subletting it on short-term platforms like Airbnb or VRBO.

Is this for a specific type of business, and do you have any partners involved?

@Jamie Banks Curious about your 15% number....is that from day 1 assuming a loan is involved? 

It's all a bit odd as the seller removed the stove right before the POS inspection which then illuminated this issue.

I'm so much happier now, earning more income and tax benefits, don't need to be involved in the properties, and have reduced my liability with an added layer that puts more distance between me and the tenants.

You don't wanna get involved in the Sub2 game.

Often it involves the auditor comparing your flagged tax return with the one before and the one after, three years side-by-side.

@Marcus GriffinTypically as part of a modification the bank will have a “shock package” which includes information and forms to be completed by the borrowerOn those forms there are questions like will they or do they occupy the property, there income, do they plan on keeping th home.This is equivalent to lying on a bank application which is most likely considered fraud Not providing legal advice but this is definitely a very slippery slope you are getting involved in.

Quitting your job to do real estate full-time is obviously attractive.You could listen to all of us telling you not to do it, but sometimes you just have to take a chance and make the best of it.There's a lot of successful people that didn't know they could fail and succeeded despite the odds.