How the option is structured and it's duration may play a role in determining how it is viewed.

Would appreciate input.Regards,AzeezAverage vacancy durations for that street can be found at rentfaxpro.com.

So far, they are typically short in duration.

It doesn't matter if there is no lease, there is a set duration for how long the landlord must give when on a month to month lease.

He was VERY vocal about an impending crash siting all the usual concerns, debt, interest rates, the duration of the current recovery and even siting BREXIT among other reasons why he was selling about 8 SFRs he had.

The downside is that once you find a landlord that would let you take advantage of them for the duration of the lease, they would decide to do an Airbnb themselves and cut you out of the picture. 

I know that there are many variables such as ROI, COC, time/duration, percentage, CAP Rate, etc. 

All leases shall: (i) be in writing; (ii) provide that the terms of the lease shall be subject in all respects to the provisions of the Condominium Documents, and any failure by the Lessee and the other Residents of the Unit pursuant to the Lease to comply with the terms of the Condominium Documents shall be a default under the lease; and (iii) be of a duration of not less than ninety (90) days.

Experience some actuals for a duration, so you have 1st hand reality versus books and blogs.

Duration?