I am glad you highlighted the management piece as this is a crucial part of buying in another market.Excited that you are stabilized and are generating cash flow on that deal. 

With this structure, lenders can offer more favorable terms, including lower interest rates, making your investments more profitable in the long run.

Your ability to identify properties and markets where you can generate equity (both imputed and appreciated) while using debt responsibly and knowing when is most appropriate to sell is how you acquire more real estate. 

**Joint Venture Agreement**: If you are partnering with another wholesaler or investor, this contract outlines the terms of the partnership and how profits will be split.

How much profit do you have in your current house?  

But secondly, we already build our profits into the deals and we made probably 160k among those 3 properties over a 3 year period of time with very little effort to manage once the tenant buyers were placed into the home.So yes, it is possible to make lease options very beneficial to everyone.YUP timing is important..

I would check with your account to make sure doing this will be profitable for you and your situation.

If you are new, be sure you can raise the funds before proceeding.In my opinion, you are going to have a hard time raising money with a 6% pref and 70% of the profits after that unless you have a lot of newbie investors in your Rolodex. 

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In this market, I would not finance a first time flipper at 75% profit split because the profits and success rate is lower than the last dozen years.