But secondly, we already build our profits into the deals and we made probably 160k among those 3 properties over a 3 year period of time with very little effort to manage once the tenant buyers were placed into the home.So yes, it is possible to make lease options very beneficial to everyone.YUP timing is important..

Residential property rental: Could this be a scalable and profitable approach, or is it too risky?

How much profit do you have in your current house?  

I didn’t have much money and needed to find a way to get in the game. 10 years later, I’ve got 29 SFR that profit 19k/month (not including things breaking or vacancies).

Valuable and soon to be life changing profitability Lessons learned?

and CA will want you to pay tax on the profit associated with the time the predecessor property was in CA.

The baked in assumption to "continued cash flow" is that you stay profitable.

At purchase they rented for $350 and I’ve incrementally raised rent however this is a low income area and county overall.  

**Joint Venture Agreement**: If you are partnering with another wholesaler or investor, this contract outlines the terms of the partnership and how profits will be split.

I guess my main question is is there any minor profit in being part time if the work is put in.