Hello BP,I live in Louisiana and I am looking to get into REI and I am interested in creating lease options with FSBO's and then assigning that LO to a tenant - buyer.

Lo and behold a low barrier of entry into the real estate market.

The right LO will help keep as much money in your pocket as possible. 

Then, earlier today I noticed she left the lights on all day (again) and got an inkling to call the utility companies and lo and behold, she hadn't changed the electricity over to her name.

Oh, and did I mention they don't pay the LO any more than a vanilla loan AND take up 3x as much of the LO's time, as well as taking unusually long to close?

We've got a L O N G way to go in this downturn!

Lo and behold: around 6 months later, that whole neighborhood was under a few feet of water!

Quote from @Hsiang Lo: Quote from @Justin Pumpr: @Andrew Postell I actually managed to set it up, so that my contractor was cut multiple checks that my property manager then held onto, so that part of it worked out.

You will still need to have your MRI into the deal.As always, your best bet is to work with a rockstar LO who knows all the angles to play. 

Those are some questions I would have for your scenario beyond the typical loan officer (LO) lingo/acronynms like LTV, debt to income, and fico scores.