I came across Newburgh NY and looks like theres plenty of potential up here, though I've read that its a 'war zone'.

U can have a brand new building in a neighborhood classed as a "war zone" and it will be a class D property.Here is a link that might help:https://www.realtymogul.com/resource-center/articles/what-is-class-a-class-b-or-class-c-property

@Lindsey Andrews you should be aware that most banks and credit unions have a hard and fast rule that they will not issue a mortgage to someone who already has 5 mortgages.

I wasn't aware of there being a bypass inside the WS.

I may be being overly strict on my numbers, that being said I haven't found a illinois multi not in a war zone that cash flows even 100 per door.

That in conjunction with seeing your yard signs, billboards, Facebook advertisements and receiving your direct mail will create brand awareness and familiarity that will lead to sales.

How long were they tenants and how often did you do inspections.It is not practical to rely on tenants reporting issues and falls on the landlord to be aware of and regularly inspecting a property for issues.

I am aware of what most of the steps are when you purchase them, I'd like to get an idea on the format or formula of the steps to take 1st to last in order not make to many costly mistakes.Do you have any ideas?

Unsure in your state, but the MLS's I am aware of are tightening restrictions on "assistants" using MLS...an unlicensed individual is not permitted the same liberties, like managing property, submitting offers, or showing properties...and violations may lead to loss of licensure...just be careful3.

What other considerations should I be making/being aware of when it comes to Lease Options?