The tenant-buyer has time to fix their credit and save more money for a down payment during the option period, then exercises their option - fulfilling their desire for home ownership.

The average U.S. government debt has a 7 year period.  

@Jonathan Greene and @Mike Grudzien I agree but I was hoping to hear from some certified appraisers and if they would comp leased land versus owned land in an appraisal.Jonathan, you are guaranteed the land through the current lease period, but not guaranteed of a renewal.  

And arguably I think most would prefer a management transfer period as well, I'd say 2yrs, because you've been self-operating so i don't want to fumble around int he dark to sort what "system" has been used.

Real estate doesn’t have to be trial-and-error—it’s about leveraging expertise and proven strategies to win from day one.

At the end of that period, the owner must pay off the existing loan and get another loan to pay off that old loan.

In addition, the City of Cape Coral has updated codes and ordinances related to short-term rentals that are now available in a searchable database provided by Municode Corporation (3).Short-term rental limitations have been an issue in coastal communities in Florida, including Cape Coral, where investors can buy property and rent it out for short periods at high rents.

We offer over 120 categories that are real estate related and periodically add more based on customer requests. 

Biggest mistake I see is going to vacation and then half of the 45 day ID period days are gone or an investor looking for a (deal of the century and not being realistic).

If i am holding onto this property for a definite period of time, I also will want to calculate the IRR to see how it stacks up with other potential investments that I have run into.