We have had a look at the numbers on this property and the area and would like to put in two offers on this residence:1) for 90% of the asking price (£405,000 total) on a 10 year master lease-option at £2,000 per month (£240,000 total over those 10 years) which will count as a non-refundable 40% deposit.

I'd like to market to these leads and called USLeadList but found out my county was sold out (as they limit 3 buyers per count).

Yellow Letters will increase your call count because people are curios, however many of those calls will be junk for our purposes.

What we're proposing really is no different than what people do all the time when they buy a new home prior to selling their existing, I wouldn't think.I'm not counting on any seller financing, but I will try to obtain it as the property is free and clear, except about 12K in back real estate taxes.Anyhow, I would appreciate any input from those of you that may have done something similar.

While L/Os are a good tool in your bag they are not something you can count on everytime you find a property.The issue Simon almost touched on was building equity, you can cause alot of problems by including credits toward a purchase with rent payments, just don't do it.

So, while buildings age and depreciate, it’s the appreciating land value that really counts.

You really cant count on appreciation in these small towns but I have started buying in areas that have a long track record of sustaining property values. 

We don't publicize the location everywhere only because the restaurant needs a head count for staffing purposes ahead of time, so we ask that people give us a heads-up that they're coming.Depending on your wife's level of experience, I could sponsor her myself, however, if she has no real estate experience at all, then I'm probably not her best option, as I do not have a formal training program in place for those who are just learning the ropes.

I have made too many mistakes to count.

But I remind myelf it is the thought that counts and they are planning on buying, which has to be good for the local housing market.