.🔹 Profit Multiple Ways – You can rent the property for cash flow, sell the option at a profit, or buy it later at a pre-agreed price (often below market value).🔹 Great for Sellers & Investors – Motivated sellers can turn a vacant or hard-to-sell property into income while investors secure future deals without a huge upfront commitment.🔹 Ideal in Any Market – Whether home prices are rising or falling, lease options allow you to lock in today’s price while benefiting from future appreciation.Other creative strategies—like seller financing, subject-to deals, and the BRRRR method—can also open doors, but lease options remain one of the most powerful, low-risk, minimal cash out-of-pocket ways to build a portfolio.

Do they provide exclusive leads, or are they shared among multiple investors?

Once Dave chimes in I think you'll have a better perspective on what that could be...

However, there are multiple documents that emphasize that all 1245 property determinations must be factual and supported by corroborating evidence.

Sounds like, from your perspective, this type loan would not be best for my situation. 

Aside from multiple people slipping into anxiety, misery and depression, it can clearly lead to a substantial degree of foreclosures.

Many renters search by property type, so misclassification can definitely impact visibility.FMLS (First Multiple Listing Service) is typically more relevant for home sales than rentals, though some PMs use it for extra exposure.

Quote from @Chris Seveney: @Charlene Kingsnorth have you had an sec attorney also review what you are doing as if you're are having multiple people as part of a loan participating in it depending on the state this could get you in hot water - so be careful  good point Chris some state allow fractionalized deed of Trust mortgages other do not or require PPM like documents prior to offering them..

Great finds and nice to have multiple homes on the same street! 

Like any tool, you have to know how to use it correctly or you could get, "injured".We use it to quickly sift through multiple options - and that's about it.BP has a Rental Calculator that includeds everything you are asking about: mortgage P&I, property taqxes, home insurance and percentage for maintenance & vacancy.It also includes Cap-Ex percentage, but in our experience it's a waste of time to worry about this.