Hay Mala:When first starting out you will probably do best with Ugly house wholesaling and lease options which you can wholesale or do sandwich leases.

I have no idea how that market is in the Baltimore, but potentially I could do a lease option with my seller friend, then a sandwich lease option to a new buyer.

I’m looking for investor friendly attorneys in the triad area that have experience with creative transactions such as: lease options, sandwich lease option, wholesaling, etc.

With a Sandwich LO, you don't really spend anything, since whatever money you use to get control of the property, you will be getting an inflated version of those same numbers with your contracts with the buyer/seller. 

We think laundry in the unit is a must...the only problem is there isn't an obvious space for it, so at this point we have three options we're considering:1. put the stackable washer/dryer in the kitchen...there is enough space for it, but it would be sandwiched in near the fridge CONS: laundry may smell of food?

If you're in the getting-started phase of your investing career, I'll first suggest you focus on the cooperative assignment strategy rather than a sandwich lease, which it sounds like you are considering. 

Once we live in it for a year we will find something else to live in and rent out both sides for a cash flow of $300+/month.The duplex is sandwiched in between two new builds and is also in an up-and-coming area of Winter Park, close to downtown Orlando and major highways (I-4), but also next to all that WP has to offer.

Once we live in it for a year we will find something else to live in and rent out both sides for a cash flow of $300+/month.The duplex is sandwiched in between two new builds and is also in an up-and-coming area of Winter Park, close to downtown Orlando and major highways (I-4), but also next to all that WP has to offer.

Can someone please clarify for me the steps to doing a lease option, both sandwich and wholesale (assigning) LO?

Do you set up an LLC or any other when you do a Sandwich Lease Option?