My brother and his wife need additional income and I believe lease options would be a great way for them to make some much needed money to assist with huge medical bills they are facing.

One of the sellers was moving to Minnesota and could not afford to keep the house, and the other homeowner had a medical emergency and needed to sell.

@Tony Gunter@Denise EvansI've seen the medical buildings there in person.  

Thank you for the replies, I think  it would make sense for her to inform her tenants of the plans and establish what would work on both ends, such as a 30 or 60 day notice once a contract is signed in order for the tenants to find new housing and actually leave the property.

In this model, we would like to establish the ownership of new properties under the LLC.Another idea is to refi the houses (they have appreciated ~30%) and use the cash to purchase additional property.And then there is the third option - to sell and use whatever profits remain.Thanks,Eric

We do this because we believe in continuous learning & we establish a specific learning objective each year.  

If you can establish a line of credit with a HELOC or some other collateral, that's your best way to go.  

I've found it's harder to borrow against investment properties without well established revenue stream.

Reiterate you are seeking an investor loan pre-qualification and wish to establish a lender relationship.

You'll have to establish a relationship with the agent and help her understand that she can get something out of it as well ... and then you'll have to tell her what that something is.