My friend was asking me my thoughts on rent to own in Manchester, NH since she has a 560 credit score on its way up and is looking to get her and her daughter into a place that has more potential than an apartment.

@Aaron Dvorinto answer your questions directly yes and yes.Some lenders can go to 75% and yes there is an experience requirement for many.You're in the shopping phase and it's important for you to exhaust each avenue, full doc, no doc and anything in between.  

An experienced builder can build a property for less cost than an existing comparable property.

As for due dilligence: A trailer park in Charleston, WV is a lot different than an apartment building in a major metro.

Hello @Marcus Narvaez....if you are looking for some extra cash flow I used a conventional loan with 3% Down and no mortgage insurance on my first duplex (it makes the payment way less than an FHA Loan) and I didn't have to put down 20% !! 

What DO you have to offer than an agent does not?

Texas LO Assignments CAN be done but there is a serious downside.As LoneStarLandLaw states, a ROFR is much safer than an option to the seller, as it not executory.Thanks, @John ThedfordAnd Texas Sandwich lease options CAN NOT be done because of fee simple title laws.I wrote about fee simple law in TX herehttps://www.biggerpockets.com/forums/83/topics/331...

This can often be a homeowner who really doesn't want the property anymore, and thought they had no way out, so if you can just pay off the mortgage, back taxes, etc. that might be all they need.If you've exhausted the tax records, try googling their name and address, or search for them on Facebook.

This VRBO/Airbnb debate is old and exhausting they both have pros and cons.

Ultimately if it's readily available at the registrars office and it's publicly available than an agent should have no problem helping you with this.