My wife and I are putting in an outdoor fireplace.

You could sell for cash even for $20k less and put that money into private lending and get 10-12% which over 15 or 20 years would crush the returns you would get with this deal.

I offer a two year lease option. 3 years is too long in my opinion but if you are simply looking for cash flow, 3 years is fine.Since they are providing 10% down, I don't have them put down a security deposit.

Don't rule it out, happy to put you in touch with local NYC lenders that can make the deal work based on how much cash you want to put out. 

As to taking advantage of novice investors, only a very small percent of people who buy ANY real estate investment program at any price ever start trying to put it into practice.

The experience isn't matching up here.Also, you would not want to put a trailer park or multifamily apartment complex right next to county magistrate building.

Didn’t realize an agent would be able to put me in touch with a BOTG team.

I have a vacant lot I am about to put under contract to sell in St Augustine Fl.

I declined and suggested they move forward with the bid they felt most comfortable with at their own expense but they then seemed to threaten legal action in a veiled manner citing their understanding of Minnesota state law which they feel puts the duty for pest removal on the landlord.

You're putting the roof over your head on the line if anything falls through, so of course there is some risk with that option.