I actually think it is a benefit to both parties to have professional representation to assist the seller and buyer with these types of transactions.

But if you do a bit everyday consistently you will reap the benefits of this great investment!

If my intentions were to benefit myself at the expense of others than I could use the lease option strategy to do that.

Plus by going with you, they won't have the benefit of an agent's errors and omissions insurance, the support of their brokerage, and the experience an agent has in protecting their clients from everything that can go wrong in real estate transactions.

@Greg ReeseMost small investors will benefit by having the LLC created in the state where the property is located at.Creating an LLC in a state like Nevada, Delaware, Wyoming may be better for the big players if items such as charging orders, business friendly case law, anonymity are important to you.However, be mindful that setting up LLC's in those states will add to your costs as you may have increased annual fees for annual LLC fees + registered agent fees.

One housing authority wouldn’t even entertain the request, while another was open to it because it was an affordable housing property, requiring just an application for the exemption.From my experience, dealing with government agencies, especially when trying to save money or get financial benefits, can be a slow process.

I will certainly look into them though, as I'm sure that group still has its benefits.

It was a great experience as I learned about the benefits of real estate. 

Any honest, intelligent person can see that there would be benefits to having a set up like that.

I'm a local real estate broker, investor, and manager (100+ rentals, mostly Airbnb/STR and multifamily).House hacking is a tried-and-true method and in Sacramento you can produce some meaningful income while enjoying the appreciation and tax benefits of owning real estate.