Is either way better, easier or more proper??

You could charge a bit of a higher interest rate, require a decent down payment and discuss that you’ll be there to give advice and help, but they are responsible for the whole ‘business’.If you do your vetting properly and help them succeed, you could lower your tax bill and create a long term income.Maybe this is a terrible idea for real estate and/or you just want to dump the homes and walk away.

Make sure everything is working properly, have a little coffee maker and leave some water, champagne (2 night or longer stays), breakfast pastries, or something similar for your neighborhood.

The interest rate you get from a lender will influence whether a property will cashflow or won't so you really need that number before you a properly evaluate a property. 

Put the house on the market, get a buyer and do a "double close" where your buyer pays you for the amount you decide and you pay off your Lease Purchase which presumably, if it was done properly, you have a purchase price and pay it off.

If the MLS shared their data stream, then Zillow would be properly updated. 

I think they said they were paying for renovation so that would balance it out- exit cap rate of 6.5 seems optimistic in an interest rate environment that is going up.   

For these properties the 10 day grace period has been helpful.My lease specifies "...If you pay less than the full balance due, payments will be applied first to the earliest unpaid rent and other additional rent charges."  

We also obtain a substantial security deposit to cover our risk.Obviously, the tenant was not screened properly.

Hey Everyone- So I am new landlord and am very close to getting my first tenants in my  rental unit. My dilemma is I had two groups send in applications at the same time, pass background & credit check but one gro...