Terms for you to study:  wholesaling lease options, sandwich lease options,  buying subject to.

Imagine if your receipt for a Subway sandwich itemized advertising, taxes, employee overhead, brick & mortar costs, profit margin, etc.

He also brought drinks and sandwiches in a cooler.

What you are referring to is an "equity split"In the sandwich lease purchase business, say you lease with option at $200K (you and seller) and sublease and suboption (you and tenant buyer) for $220K or new appraisal, whichever is higher.You tell the seller your plans, but offer an equity split in the net profit over $220K.This works well in appreciating markets.

It's a rent to own that I want to sell or lease to own to someone else (A Sandwich Deal).

-Lease on a Sandwich lease option, sub lease and sub option-I like no interest on note but there is imputed interest from the IRS to the owner1.

MY STRATEGIES: 1) Seller finance the deal with some attractive terms and then follow through, or turn around and sell the contract to a local investor in the metro Atlanta area (Georgia).2) Create a sandwich lease option.

A sandwich lease option?

Our attorney has educated us on Lease Options, Sandwich LOs (need wet closing) and Sub 2 (becoming rarer and cannot be done during default period, of course). 

One technique they taught us was the Sandwich lease.