@Dion McNeeley That was how I approached it too from the business perspective, but didn't know if any contractors would disagree.

Incredibly strong housing demand, a crippling 1.5 months of inventory, and ongoing affordability concerns produced year over year declines last month in new listings, active listings, and pending sales in the City of Austin.

You can approach potential investors before you have a deal and ask if they'd be interested in investing when the time comes.

Although the book focuses on, as the title suggests, hewn log homes, much of its content stands to be incredibly helpful with a cabin such as the one in your photograph.

I recently put my home on the market and I was approached by an investor that is interested in a lease option to own agreement.

If you, or any other buyer reading this gets on the phone with some provider OOS and they DON'T take this approach, then I would be cautious. 

What are some alternative or creative approaches to this situation?

How you approach the rent raises depends on if you want to keep the tenants but it sounds like you do.

That scenario of what you are proposing is so outside of the realm of anything even remotely plausible that it would be best to just forget about it.That said, if a borrower is in default, and approaches a loan officer (why they would approach a loan officer instead of a realtor, is beyond me) and tells that loan officer they are in default, and that loan officer happens to know an investor that might happen to be in the market for a purchase of the defaulted borrower's property, and the numbers work out to where the transaction can go forward and everyone wins, and introduces that defaulted borrower to that investor, it would be great.

On top of that, we have had several people approach us about managing their STR in the area while they are traveling for the summer.