Always have a clear exit strategy, whether you plan to rent, flip, or sell the property down the line.If you or your son are looking for more hands-on guidance, feel free to reach out directly.

I like this option better than a Wrap because for me its just easier to understand and navigate, especially if lender calls the loan.With all this being said...I am just looking for those that have direct experience with using Lease to own to get into Multifamily and Apartment building type projects.

Their realtor stated that this was a small issue that would be resolved. 

I'm with a third-party Property Management all over Houston managing a little over 300 Single-family or Small Multi-unit rentals!!

Try to move every year to a new small multiFamily. 

Normal wear and tear would be a few small nail holes for hanging artwork, a clock, etc.

For first flips better to start with a  small cosmetic rehab  until you get to know the process and the team well.

I have found there are some very important questions to ask any lender but these are geared a little more for hard money lenders.Are you a direct lender?

There is no penalty for the tenant to end the lease at any time with a 30 day notice"...And the reason I did this is because it is very important to me, with small town circumstances and dynamics for my family in the town the rental is located in, that the tenant not be disrespectful or unfair in any way. 

I cold call and go direct to the seller and I have a 3 person team that pretty much just calls all day long for me.