So what are your options:1.

I responded to her FSBO ad and made my offer which she happily accepted: a 36 month lease option; I'll bring her mortgage current, (1 month, $800), and continue making the monthly payments; option to purchase price of $88K, (my estimate of value, $100K); and I had the right to buy, sell, sublet, or assign the property at any time during the 36 months.

You have to go to the zoning board to get it approved but it is typically a formality, unless the neighbors push back it should get approved.

Our typical client is a very savvy professional and not a get rich quick mentality with little down so they expect backing and Wen have provided it.  

The value of property and the rental income it generates typically rise with inflation, protecting your wealth.

Dining rooms are a complete waste of space and are typically used to store stacks of news papers and old computers that don't work.

I also recommend something six months later, typically aligned with transitioning from winter to spring.

I'm making some options and trying to see the best outcome between them.

They have landlord-friendly laws, which is always a plus.Jacksonville, FL: Another option in Florida with a strong rental market and potentially better deals.Gainesville, FL: Similar to Tallahassee with a strong student rental market but might offer different opportunities.Connecting with local investors and real estate agents can give you more insight into whether Tallahassee fits your investment goals.

Perhaps adding an additional half bath is optional and could be eliminated if issues come up or perhaps for someone who is hands on perhaps they could take on more work themselves if they needed to and extend the rehab time period.