I have software that analyzes deals for me since I get so many, I just add the "fudge factor", unknowns, there is a calculation for that most just throw out numbers lol.

Does the difference of the loan's face value and the discount amount they pay not factor in (i.e. loan amt $170k they pay $136k and they get $34k in additional profit once the loan is repaid in full?)

I knew things were getting out of hand when those offers started showing up...that kind of wreckless lending can't go on forever without consequences.

If money is the motivating factor I strongly suggest you do plenty of homework before you actually make the move.

The mortgage would cost you almost twice rents, then factor in vacancy/repair/capex reserves and you are majorly negative cash flow assuming you are financing with a typical down payment.

Thing#2 - Use your owner occupant status to its full benefit (Low down payment-Lower interest rate, etc) and buy your next rental property now as an owner occupied home and live in it for a year or two while saving for rental property number three - Buy rental number three as an owner occupant and live in it for a year or two while saving for rental number four .... and so on.You see that your wife will need to be onboard for this to work out - You will be buying a home that is possibly not quite what she may have in mind for your "forever" home and there will be occasional moves as you acquire new investment properties - Eventually, you will not be able to continue this technique and you will get to buy that "forever" home.  

I have known since college that I didn’t want to do a 9-5 analyst job for “Corporate America” forever, but, never really thought I had a choice.

@Aaron KlattI am factoring more then enough time into the lease option to comfortably reach the needed credit worthiness to use traditional financing to complete the purchase and repay the initial capital lender

The late summer season is a big factor tho.

The name on title is only one determining factor.