Miguel "Mike" Perez Actually their prohibition on short sales to family members/related parties is purely an attempted safeguard to avoid "sweet heart deals" where they may get less than market value, and if it were allowed it would also encourage many to try and get rid of part of their loan balance by simply running it thru a family member in a short sale, and essentially retaining the property.  

I believe there are ways you can include many of these elements in the lease but I am unsure as of this writing. 

That could essentially make or brake any ideas.

Sounds like a conundrum because essentially we need both to be successful in RE or any venture in life at that.  

Hi,So I'm currently analyzing a property I found through Marshall Reddick that is in Memphis, 38119 (I look for the zip code in the forums but didn't turn up much).Essentially, this looks like it is in a good neighborhood; it was a distressed property bought a week ago @92K, and they are trying to resell it at 149K.Checked the rent with rentometer/craigslist and it looks like this could be rent for $1500 to $1700, depending.Here is the .pdf report.Only thing with Memphis/this particular area is that the education sucks.  

Flying drones and filming adds a special element to the listing and sets me apart from the competition.

. - an unattended running toilet that is damage, a tripped fire alarm, anything exposed to the elements), I would send a two day notice to cover yourself.

Lease options sound almost too good to be true to me so I'm wondering if I'm missing some partial element.

this is essential when buying, no matter how you buy.  

Glad you've joined us here and look forward to getting to know you.Gary Keller's books are absolutely essential reading for anyone who wants to be an investor IMO!