Doesn't sound like a lease option at all.So, after 5 years you get the $2k-$5k down, the little bit of amortization payments, and the difference of $875/mo and $667.33/mo? 

Places like Tampa, FL, Boise, ID, Asheville, NC, Detroit, MI, and Columbus, OH are seeing growth in tourism and demand, making them great options for STR investments. 

With rising property values and high demand across the state, do you think Texas is still an affordable option for first-time homebuyers?

There are options via the Positive Rent Payment program (Fannie Mae) to do so. 

Also, focus on building a solid understanding of deal analysis, financing options, and project management—it’ll save you time and money in the long run.

Explore those options before dropping the price.

In parallel, we want to apply our learning by analyzing deals using, for example, the "ANALYZE DEALS" option on this website.

They started the business from scratch in 2003 with a combination of wholesaling, fix-and-flips, and non-conventional financing sources like private lending, seller financing, and lease options—which remains their expertise today.If you had one question for a professional real estate investor who retired themselves by 37, what would it be??

@Blake Lewis can help you out and give you some options.

Call options for Sept 21 are at $120k I think.