Option money of 6%, 3% down, 3% divided by 24-36 months added to regular (not reduced) rent. 

However, I am hesitant to do this flip cross country solo without an amazing foreman or GC.I was thinking of partnering with a GC in Tampa that can handle the construction side and reduce costs on that front while I can find the deal, run numbers, offer 1/2 the deposit for a hard money loan, and list the property to save 3% on closing costs.Ideally this would be 1-2 flips per month after the first successful project.What do you think of this proposal?

Maybe call them (or better yet, go to a board meeting) and ask them if they will consider reducing the fines if you appease their demands.

However, after talking to my GC, who recommended a full ceiling popcorn removal, they got the impression that the apartment will be under construction and they are trying to figure out if I am going to reduce rent.

I'm new on this site and I'm still learning on the sections and whatnot. https://www.trulia.com/property/3241635889-3797-St...There is a MLS listing for a 3BR 2BA home in Williamsburg, VAListed price is $104,000 (which has been reduced on the last couple months ago).

We really hit it off and had a swell conversation...Any who, let me have it!

If the tenant completes the purchase within that lease option term then the option fee payment would be applied to reduce their overall purchase price.

Is there any other method of helping the owner to reduce her debt/liability while I also make money on a property (create win-win scenario )?

@Shweta Arya It depends on what period the listing is in, and if it has been reduced yet.

I pay my current and past tenants a referral bonus and it helps me get great tenants and reduce the costs associated with finding great tenants on my own.