What I do with my LO's is insert a clause where I'll accept responsibility for the first $250 in repairs, but according to North Carolina law the owner is still responsible for maintaining a habitable residence. 

However the duplex I want is two parcels so now the LO says I need two different loans, FHA for the owner occupied side and Conventional for the tenant occupied side.

So with a LO you don't actually own the property you just have some contractual control over purchasing it at some point in the future.A Sub2 you actually close on the property and take title in your name, meaning you are the owner of that property.

Now when I do cross qualifies for my realtors the LO might be using a bank that has a program that I'm not familiar with or that I don't offer. 

After reading a few post here on BP, I'm affair I might be out of date with my contracts.1) First question I have is, if I do a L/O, and my Tenant/Buyer doesn't pay the rent, in Las Vegas, would you evict them or do you have to foreclose on them?

hi allsend out letters mon got a call today motivated seller problem  2yrs behind on payments had a balance of 76k has an arv of 110k have not seen house on the inside seller says they updated bout 5 yrs back but only bathrooms and carpeting has a pool with half water in it owner says nothing wrong with itI told seller to talk to bank about a shortsale as they just want headache gone but not willing to do l/o or seller finance any suggestion on how to get it under contractwho talks to bank about shortsale seller or buyertks in advance

He has all the contracts needed to do just about everything for L/O in Texas. 

I thought lease options were no longer legal in TX but I know @John Jackson teaches about L/O so hopefully he can respond to your questions.

Lo and behold, a woman who "really needs to sell her house" contacted my wife via a mention from a friend.

I suggest you try to change your deal to a Sub-2 and sell it, your financing any part of this with an owner occupant kicks in a look at the Dodd-Frank stuff.You can have issues with an L/O or more with a S/L/O neither a lease nor an option allows you to make improvements, make repairs, act in legal matters in getting permits or tax matters or in answering citations.