Compared to hard money, its better rates, longer terms and lower fees.Hard money has its place though, if you need to close really fast and if you haven't had 2 or more exists in the last 24 months, then hard money might be the better choice?

This is what I did, called about 40 local banks and credit unions, found numerous who would do terms that no other traditional lenders I spoke with could or would do.  

Best Choice Water Heaters charged $2k including a small amount of plumbing.

As long as the numbers work, it will be to your benefit to secure as many units as possible with that cheap 30 year traditional financing while it's available to you.

However, as I was going through the process they told me they wouldn't give me traditional financing on my property since it was investment property.

Credit unions tend to offer slightly lower rates and fees when compared to traditional banks.  

And selling for 69K There are pictures and it is in decent shape  Would you reccomend and appraiser  , inspector  to help me make a better choice  and PM company to run it smooth.Any advice appreciated  Nikolay Voronovich 

The whole reason the buyer is using a lease-option is because they can't obtain traditional financing.

Moreover, the opportunities to sell off the note to someone else are lower, whereas banks can just originate the notes in accordance with traditional underwriting standards and sell them off to the secondary market. 

This shouldn’t be too much of a time commitment and will get you more comfortable with your market(s) of choice.