I suppose I could lease-option the property for a shorter period, lets say 3-5 years, but I would still want to take over the mortgage, so that I can benefit from the rapid pay=down of the balance.Thanks in advance for further thoughts.Bill

Sounds somewhat shady to me, sorry.As a broker, you should know about property transfers, lease purchase, assumable mortgages, etc. 

My broker also has "phone duty", where you could potentially grab a leasing tenant (in hopes that they'll eventually be a buyer). 

You can ask questions like, "I was calling to see if you had any open rentals in _________ area for lease?"

Then I would fix & flip the property.So, There really are only two options I can think of. 1) Find an "off market" property that you can take "Subject To, on a "Wrap", or a "Land Contract" or a "Lease Option and proceed with either Fix & Flip or Buy & Hold or sell to a Tenant Buyer (my favorite).2) Find someone on the mainland that you can Joint Venture with in a market your finances can afford.Either way, you have to start somewhere.

There may be unique circumstances (people have lease, etc) otherwise, if they don't move / will not move, then you go to JP Court and file for eviction.

Basically I go on Zillow and find homes in the price range (50-100k) and then find rentals in the same zip code and then decide if I can get at lease a $300 positive cash flow?

I have tenants who notified me on 7/1/18 that they are leaving on 7/31/18 even though their lease expires on 8/31/18.

The lease is between my management company and the renter, so it appears that they can charge whatever they want without obligation to pass that fee along to the owner.

I'm working on my first Lease-Option deal and I hit a wall.