Hi Keith  typically this is a lease with and option to purchase two separate contracts.. and yes I believe that is correct.they have a strike price at 100k house goes up to 150k over their lease term they exercise their option at 100k and keep the delta.. 

There is a tiny house community a hour from the Bay Area in the California Delta.Tiny Homes Fill A Need For Many Californians Who Can’t Buy Big HomesPark Delta Bay, a tiny house community 30 minutes east of Antioch. 

Why such a drastic delta?

The delta between the interest rate and inflation is minimal, inflation also reduces the real time value of the fixed payment over time, and rents tend to rise with inflation. 

They do that by essentially taking from the cash value enough to buy a 1-year term inside the policy to cover the delta between the cash value and the death benefit.

Both KLM and Delta have started direct flights to Europe.  

Thank you so much for the response,Nathan Killebrew ya more upside than the Mississippi Delta I am afraid.. 

Make sure your rent delta is high enough to withstand minor repairs, and save up enough for a 25-30% downpayment.

Most highly sophisticated investors/funds are today buying for the delta between Cap Rate of 7% and cost of money at 4.5%.

There is a nice delta between the mortgage balance and market value.