Add the fact that the Property Code declares open season on the investor/seller whenever a tenant/buyer becomes disgruntled with an executory contract, and there are more reasons to avoid lease-purchases than there are to do them—especially since loss of an executory contract lawsuit could present an extinction event for a small investor.

Hello and I see you are involved with a "Newbie" Daily keyword report event your  comments were fairly good but you did not ask one question.  

Suggest you attend local REIA meetings in your area and ask around who is currently doing what you'd like to do, within that group.  

Failure is not an event.

Lots of people to network with.There is a webinar about duplexes and triplexes on Wednesday next week so be sure to attend that.

I have read lots of books, including Rich Dad and others and I also have bought and attended several real estate investor/ training seminars.

You should consider coming out.http://www.meetup.com/Unofficial-Biggerpockets-Real-Estate-Meetup-Anne-Arundel/events/230716120/

I have made contact with an investor from the site and plan on a meet up next week to discuss this whole topic, in addition, I will also be attending a real state meet-up here locally.

Like the others have said as long as cash flow is good and you are willing to hold in the LONG TERM in the event of a 20 or %30 market correction and you feel rents are a touch flexible then go ahead.

Its a great networking event as well as find out about what other agents are doing in different parts of the state.