I returned the $2,000 to my friend with an additional $200.

My current rental is a 3 bed 2 bath with an additional office room( donot have a closet) 1950 sq ft.

I would just mindful of how soon before that seasoning requirement is met that you start the process because things like credit reports, appraisals, background checks, etc., are only consider valid for a certain period of time.

I am not sure if this is the right place or not but I wanted some input into any obvious issues with my lease option offers to the tenant buyer that earns plenty of income but doesn't have the cash right now and wants to improve credit before purchasing but would like to lock in the price as our market is still struggling with inventory. 

In addition, there are alternative rent models (STR, LTR, rent by room, etc) that can create better cash flow than the traditional LTR model.RE also can benefit from value adds.  

I was able to find a lender who was willing to lend based on credit profile and up to 80% LTV even though i dont have experience.

Time adds clarity and keeps you off your therapist's couch.I also suggest to anyone in real estate to constantly be pushing the line of credit envelope with your lender.

What's the best credit union in Atlanta to help with funding deals with a personal loan and build a long term relationship?

His primary mortgage was sold to a private lender in the early 2000s and he claims he had to give an explanation each time as to why he financed with a private lender with such poor reputation every time his credit was pulled.

How are you collecting a deposit, or putting holds on credit cards, for your STR direct bookings?