Sounds like an awesome opportunity to learn the process first hand, which will help you self manage and act as your own contractor for future projects.I have 1 deep city lot on w Worley, and plan to buy the neighbor parcel.

I've seen a people make this work successfully in Tulsa, you'd just need to be sure your goals align and the contract is set up correctly.Out of curiosity, what interested you in rent-to-own? 

People in recovery need a place to stay free of drugs and alcohol.

Most CPA will say they work with investors who own real estate all the time and that is probably technically true because so many people do have one or two properties, but that doesn't mean they treat their properties like investors, nor do those CPAs necessarily know how to take advantage of real estate tax rules.

@Brandon Morgan I think you can go it alone but if it’s been vacant 2 months clearly you need to either lower the rent amount or figure out how to do a mass showing like another poster mentioned where you get the property shown to multiple people quickly.

Send or hand deliver her a written letter and talk to her personally about it. 

I could start a course and start charging people "How to Not Lose Money in the Midwest"...lol.

I wouldn't be buying in CA.Growing up in the SoCal area, yes the appreciation has been great the past 20 years; but they way the state is headed, people continue to leave.Red tape in California has caused business to evacuate, high net worth individuals are also beginning to exit the state.Food for thought.

It sucks because Lonnie was a pioneer with his taking back notes on mobile homes and being a Lonnie dealer inside other peoples parks. 

I’m sure there are plenty of people doing “workarounds” which WORK UNLESS AUDITED  by the IRS.