http://www.arizonawaterfacts.com/home/do-we-have-e...andhttps://www.theguardian.com/cities/2018/mar/20/pho...So, the water issue is not getting better...Do you guys think at one point it will affect the housing market here?

. ;^)A good HOA should have done this properly for fear of legal action.

Richmond just has to go  just like E PA went up.. 

This just makes sense if your intention all along is to help your tenant to buy.As I understand it the Dodd-Frank Act doesn't apply to lease options when they are properly set up.

Good luck, and i'm super duper analytical and trying to be paralyzed but also make the proper decision and pull the trigger, luckily I moved from my first home and turned that into a rental. 

A great opportunity to meet other real estate investors, network, and learn is Joe Fairless' meetup:https://www.eventbrite.com/e/cincinnatis-real-esta...

Also, I hear "The E-Myth Revisited" by Michael Gerber is good as well, but haven't read it yet.

Just make sure you ask for option period and put all the proper language in the offer.

I'm sure there are numbers that I currently do not have that I need to properly analyze this. 

In my opinion, the management fee should be enough to keep the lights on but the sponsor should be properly motivated to maximize annualized ROI by taking part in the profit split.For big Wall St funds, we've seen that some don't care as much about the upside as they do about their management fees, which are hefty given the huge amount of assets they have under management.