I’m thinking of offering an option to buy in the lease maybe after three or five years with no money down and the sale price would be the low end of the Zillow estimate. 

It was listed at $55k and my $50k offer was snatched up by HUD as quick as we wrote it.

@Tamy Kieu share your ad, so we can offer better assistance!

For short-term rentals, the same would likely apply, assuming you offer what others don't AND you have a reliable way of screening for animals that cause excess trouble/mess OR pet owners who are not responsible.

Hello,What clause would be needed in a purchase offer that would allow time for due diligence to contact solar companies that may be interested in an installation? 

Great guy and offers good stuff.

Combine this website with podcasts, books, and first hand experience (walking properties, calculating cash-flow, making offers, going through closing) you'll get a free education on REI. 

There are advantages and disadvantages to both strategies when deciding whether to invest in-state or out-of-state.In-State Investing:Knowledge: You probably know more about the rules, legislation, and local market in your own state of Houston, Texas.Network: It's possible that you already know contractors, real estate agents, and other people in your community.The Ease of Management: Especially when dealing with daily problems, managing properties in your neighbourhood may be more convenient.Out-of-State Investing:diversity: If your local market is competitive, investing in a different state may offer greater prospects and diversity.Affordability: As you pointed out, certain states could have more reasonably priced real estate, which might enhance cash flow.Market Dynamics: There are markets with varying development potential and economic trends that you may access.Taking Out-of-State Investing Into Account:Investigate the target market in-depth, paying particular attention to employment growth, economic data, and local real estate market patterns.Establishing Networks: Establish a local network of contractors, property managers, and real estate experts.

My parents deal with owner occ and those have been busy, multiple offers on many properties

This way, you are one of the first to contact them and offer a solution.