What that is is more of a listing agreement dressed up like an option, it's pure horesfeathers.So, I can see any state regulator considering that "option" as a disguised listing and brokering if that optionee is not a licensee and even if they had a license, there would likely be other issues, such as a net listing and brokering requirements.

People paying mill $ for a house which probably gives then 3.5K to 4K in rent and purely banking on appreciation.Simply cannot afford a rental property here.Let me know if you find someone to help you out with your out of state investment.Typically, I would look at an area, say Decatur, TX in redfin and look at school ratings (above 7 is preferable) and then would hop on to padmapper or rentometer to check the rents in that area.

The MAIN issue you might have is: becoming emotionally attached to the idea of the deal, rather than relying purely on the business numbers. 

Pure hogwash but they did what they needed to do to keep the title business within their own circle.

Originally posted by @Deren Huang:Can't decide if J Scott is trolling or if he's being legit...Purely trolling. 

Now - I could offer that to other landlords and leverage myself into a nice little plumbing business if i wanted - purely an example.But again, this isn't internet marketing.

This is pure conjecture however from a parent of three.  

As others have mentioned there are ways to get properties with only 5%/10% down, however in my opinion this strategy is the most useful for a pure buy&hold play.If you're looking to BRRRR then putting 5% down isn't optimal, because you'll be hit with CMHC fees right off the bat, and you'll have to increase your equity in the property past 20% anyways before you can touch any of the appreciation you forced through renovations.

Do you want to buy it purely as an investment?

We also live on one income and invest the other into pure rentals.