As many have mentioned already, I would not do an out of state deal as my first deal.

I will continue to work on the things you mentioned 

Quote from @Hanna Brown: @Jay Hinrichs  You mentioned Oregon and WA made foreclosure rescue lease backs totally illegal.

As I mentioned earlier, is this really the CEO's focus?

@Heath Sizick Sorry, forgot to mention you in my response! 

So, coming back to the trap I mentioned in point 1 above, if I were those people, instead of providing content that's already available everywhere, I would focus on being the best possible real estate agent and then shamelessly advertise my services.

You didn’t mention the property or deal specifics, but for many deals in the recent years, there have been amazing and unusual gains due to multiple unnatural circumstances.

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

As Jonathan mentioned it can be done, but they may require an appraisal of the property. 

Let them know how much you enjoy living in the home and mention that you’re planning to buy your own property in 2025.