I do not think options 1 and 2 are mutually exclusive, in fact I think you should do both. 

Quote from @Michael Moya: Hi Bigger Pocket Community - Looking for some insights and advice on loan options for single family homes under $120K.

Quote from @Sarah Kensinger: Reach out to @Jeff Chisum and see what options you may have for this property. 

Plenty of options if you have equity/assets and an exit strategy. 

Quote from @Ehrich Roberts: G’Day,Grateful for any advice in relation to mortgage options in British Columbia where liquid capital in combination with rental income would be accepted towards qualifying for a mortgage. 

There are many options for skip tracing, most just send a query to a single database while others hand-scrub the lists for the results.

Otherwise try an executive office service like Regus (local options are cheaper).

You aren’t owners with lease options.

@Shaun Ng i own a title company in MI - and i am sure we could help you if you were here however, if VA is an attorney state then you can get help from a title attorney otherwise chat with a title company. 

Quote from @Chad Clemons: I wouldn't recommend it.Lease option can be lucrative, but you really need to know what you are doing.