I do think it's important, but only when you have a lot of potential leads coming in.

Houston is a little expensive, especially when combined with current rates but there are some BRRRR deals that can work with decent ARVs...just as a quick example, here's a ranked list of properties by BRRRR in Houston - there's a few that potentially make sense but not a huge amount of choice.

Maybe this person is willing to do a master lease potentially with option to buy (no, I wouldn’t but that’s me).  

.#4) Vetting potential members Padsplit present potential members.

When it comes to the value of the property, it is essential to think about your market and potential renters.

This option also serves as a benefit to the lender (and potentially the broker) because origination is based on the total loan amount.

@Jason F.I think it will be business as usual or possibly even more sellers will use agents because they can potentially avoid paying the buyers agent…It’s not like Fsbo makes up a large portion anyways.

I'm sure I missed a lot of potential pitfuls, but does anyone think this kind of idea might have legs in the right market?

@Blake Sanford  Blake - what happened with this potential deal?

Depending on the demand in your area, this could potentially generate enough income to cover a portion of your mortgage payment.Negotiate with your lender: It's worth reaching out to your lender to see if there are any options for restructuring your loan or modifying your payment plan to lower your monthly payment.