Too much risk of abuse by tenants.

This option is viable, I figure that it will just prolong the beginning of the investments that I want to do.

It makes no sense, tells an investor really nothing and is easily abused.  

The option to buy a equipment that can yield a return, the option to buy rental property, the option for either myself or my wife to stay home with the kids, or even just the option to leave an abusive, negative work environment and not fear bill collectors.

It just kills me when I see a west coast marketing rep talk about how they had to get rid of this provider or that one or they have to get on them.. that means a nice innocent buyer has been abused in a transaction sometimes to very big financial loss's....

. , these are all good questions for an attorney that practices in the state the property is located.Evictions are very state specific and missing a step if you rush into it will only further prolong the process.

It will cost a bit more, but barring blatant abuse, never needs to be replaced.

Find a turnkey partner who is transparent and upfront, discuss with them the worst-case forecast if everything goes wrong at once (new HVAC, leaky roof, prolonged vacancy etc) and plan accordingly.

This prolongs the redemption rights of the IRS.  

Don't be stuck with there bills, tenants will abuse the utilities when landlord pays.