I am thinking doing lease options is my best bet to getting started.

Anytime you make money it is a win.

I bet the 3 bedrooms get easily $1200 monthly all day long if not more depending on the condition and amenities. 

If at any time you think you want to be a "nice guy" and delay a late payment, you NEVER do it the first time they are late. 

Please, feel free to reach out anytime if you have other questions or just want to chat!

I believe your best bet is an LLC as you can create an operating agreement that specifically calls out dozens of potential scenarios, cash flow, refi, sales, death, etc which an attorney can help work through easily.

Just talk to everyone you can and don't be afraid to ask questions, but make sure you also invest in your own education so that you're able to have informed discussions.And, please, feel free to reach out anytime if you have any questions or just want to chat!

Andrew,Congratulations, I bet you learned a lot of great lessons along the way.

Best bet in my opinion is to clearly describe that there is only one bathroom. 

You're betting on continued appreciation in a state that is becoming less friendly to investors and at a market that has probably reached a peak.