The better question would be does anyone here know a good RE attorney that can help you craft a quality lease agreement for your area and situation.

Great question and really not that bad of a situation to be in.

@Brian Cornick It wasn't bad or good.

In general, I'd just posit that "deal source" should not be conflated with "deal quality".

I can't remember off the top of my head what we learned about lease to own in law school, but I remember thinking it was bad mojo. 2.

From speaking with another (actual) investor, I learned that this group operated heavily in the Stockton and Sacramento area.Bottom line: if you come across someone who tells you that you have to pay to learn from them, I would suggest to continue looking - it is possible that you may learn something from the "education," but, in higher likelihood, you'd only end up deeper in debt, or worse, in a bad RE deal that they could not find anyone else to sell to.There are plenty of honest people still around, many are successful and some of those have blogs and podcasts that you can learn from for free (although, they still seem to have something to sell you, but it is a fair trade off.)

None of this is to say that this property is a "bad" deal.  

He had to deal with many of the exact same issues; non-paying tenants, turnover/foreclosure, and even repairs.Just as an example, he had a lower income couple buy a home from him and they had a bad storm come through and damage the roof.

I looked at apts for rent ads that sat to over a monthThen I called and asked if they would like all their rental headaches gone.And talked to them like a friend asked if it was easy Then said I would be happy to take their problems away as I was young with tons of energy to do repairs, evict bad tenets etcAnd all I wanted to do was pay them a set amount   Each month as opposed to the up-and-down rental situation that had gotten themselves into Believe it or not the conversation can Flovent Easley back-and-forth them finding out about me and me finding out about them and what they're able to do and want to do

Without quality people I'd still be managing a hundred houses by myself instead of 1250 units with my sites on 2,000 and beyond!