We went ahead and banned that IP address too as a result of your message, so hopefully the individual can not troll any emails from the site going forward.

Is there a Head of Household arrangement or something else you have not told us?

I could afford to sell everything for what I paid for it and be ahead 100%.

If you're comfortable going ahead with an LLC, then I'd think about using LegalZoom.

Q2- If lease option tenants can't afford say-1800$ a month for the mortgage payment- thus defaulted and that's why an RE has swooped in--whats my "ahead of the game price" that is, my monthly what if the margin is only 100$ to me??

This being said, your biggest obstacle lies ahead---no personal guarantee (not an option in abundance as a residential investor---more prevelant in commercial transactions).

But I had done my research ahead of time. 

Your road ahead won't be easy, but it will be worth it once you get the hang of it.Good luck to you!

He's way ahead of us and always right!

If we get electrical or roof taken care of I think we will go ahead and accept.