I say this because it doesn't seem to be your goal to be a landlord, you are falling into the role.

However, I have been reading that the option money and renters credit is to ultimately be returned to the potential buyer, in the form of a down payment, if they exercise their option to buy.

David BeardI agree w/ what david said about the important role of HML in this market place- the numbers often work for our investors.

Did anyone exercise such option?

What role does the tax assessment play in this value?

Assuming you find a buyer for the price you need, that buyer is buying from you and at the same time, you would exercise your purchase option.

The option could not be exercised until the purchase price was paid in full.

Credit will play a big role later down the line.The big challenge I see with people in the first few months is with staying committed.

The buyer can chose t exercise or not, but the seller is stuck.

That is since the borrower's role is to pay the debt service and that action is the opposite of default.