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. 

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.

If you go to invest in the note space I strongly recommend you do a quick background check on the sponsor as there are numerous who have very questionable pasts.

When you have unscheduled entry as an option, I think it encourages them to do weird stuff like hide stuff in weird spots, etc because they are always on guard.Hoarders clauses would have to be linked to fire codes I think for excess people and materials near fire sources, etc.