If you opted to go this route, I'd recommend a lengthy conversation with at least one, or ideally a few people who have done this before.

We ideally would like to live in this property for 1.5-3 years cash out at about 10K - 15k and then make the jump to a more expensive multifamily home, duplex, or triplex which we can rent out.Any thoughts on this strategy or suggestions on alternative strategies?

Renovating our house with a toddler isn't ideal, but we're taking our time and doing what we can :) Good luck!

I'm the Xer trying to catch up on retirement, I don't have time to wait for the cycle to be ideal, so finding great deals is the only priority.

Ideally, I'm looking for a situation that I could work side by side with a seasoned investor/contractor in exchange for some sort of profit split.

They typically want massive down payments (25%+) and will only give you 12 months max to exercise your option.Your goal as a lease option investor is to get into the property with as little out of pocket as possible (ideally $0) with a below market rent and a below market purchase price with as much time to exercise as you can get.

Hello all,     I'm looking for a licensed GC in the Cleveland area, who has experience working with HUD and the 203(k) process, and who holds 500k or preferably 1M general liability insurance, ideally already registered in Willowick, but that isn't mandatory.

But ideally I want to move more into non recourse loans so it's not an issue. 

A 5 bedroom property is not your ideal rental but it's worth considering compared to selling the property.

What are ideal terms?