Contact (how you are managening your account)5.

If Buyer fails to pay your sellers credit is going to get trashed..

Pay Attention To Your Credit Score Although we don’t have any income requirements, we do want to know that you are on solid financial footing.

Does anyone have any suggestions or pointers for a Credit score, lenders/broker, location, down payment amount (15%?)? 

It states that: "Should a tenant vacate the premises with unpaid rent or other amounts due and owing, the landlord may remove the deposit from the account and apply the moneys to the unpaid debt."

Be intimately familiar with it or find someone that is. 6.Buy umbrella insurance to CYA. 7.If you do not hire a Realtor and are not familiar with contracts, hire a lawyer to look over.8.Make sure your credit score is good and you have liquid assets for more than you think you need. 9.Talk to an investor friendly lender to get familiar with the types of products. 

My purchase price is 18k total of which the $4500 gets credited towards when I exercise the Option.

But during the pandemic, Florida prices shot up: big cities like Tampa and Miami saw ~60% appreciation, leading the nation.But let’s look a little closerI used Realtor.com’s residential listing database to look at inventory and listing prices for Florida’s 8-largest metros, which together account for nearly 70% of the state’s active inventory.

Apartments.com is also where I have tenants fill out a background and credit check, set up automated rent payments, and upload renter's insurance.

With a good LTV ratio (solid amount of equity) and decent credit score there will be some options, although it will be limited because of how much is going on, on this property.