@John Marshall Thanks for the response.

Karen Rittenhouse, Real Estate Investor & Coach,http://www.KarensPerspective.comHere is the NC lawhttp://bundlr.com/b/lease-options-nc``````````````````````````````````````````````Now there is an alternative.Buy sub2 and exit w lease with a ROFR (not a lease w option)March the tenant to a local bank and get a 3% down payment saved up.See a lawyer about the rofr drafting.Sample rofr (NOT LEGAL ADVICE)``````````````````````````````````````````````In the event OWNER intends to offer the Property for sale, OWNER must first offer the Property for sale to HOLDER at a price equivalent to prevailing fair market value.

John

I have a $10k reno budget to add laminate when the tenants move out and create the third bedroom in the coach house.The fifth one had a huge updated upper unit but the lower is what they call a "Polish Flat" where the bottom of the window sills are right at grade and cause water to constantly come in.

Originally posted by @John Van Uytven:We had our first major meetup in Itaewon, Seoul, South Korea today.  

You'll also see many of the amateurs turn guru or mentor or coach, it's much easier telling how it could be done than doing it or speaking from actual experience.

John D.A $30k property would be $6k down.

Hey @John Thedford - I've added this to my calendar.  

John's post reminded me of something else.

John, There's actually another possibility that's getting some traction down here in the sunshine state and maybe elsewhere for sure.