Quote from @Dennis McNeely: In a sandwich lease option, the investor exercises their option with the property owner to purchase the property when the tenant-buyer indicates they're ready to exercise their option and purchases the property.

This community and forum have been an absolute treasure trove of information and Id love to actively contribute along the way.cheers! 

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Buying My First RentalI was 24, being mentored by Dave for two years and I was ready to jump into real estate investing for myself.

This would allow me to stockpile rental income until I’m ready for the next investment, giving me more flexibility in the long run.Thanks again for your insight Yeah, I think a 15 year or 30 year loan is a better option because the interest you pay every month is lower and also you can pay it off in a short period of time if you want to.

And if/when ready to liquidate some and step up into bigger $ play where it can be a win-win. 

These properties would not be completely remodeled, but will be ready to rent, possibly with $2500 in repairs. 

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Renovation loans can be a fantastic tool when you're ready to explore your options.

Currently one property ready to go and I want to do 30 day plus rental and back fill open days with short term.