I have done numerous Lease option transactions as I indicated in a previous response to you over 10 years ago.

K. marie: Even though all your legal premises are correct, the fact that these tenants have stated they need money in order to move, plus the fact that they do not appear to have made any effort to pay the rent they owe, even into the estate, indicates that they are simply trying to capitalize on an unfortunate situation by getting some free time in the property.

If you can make it work with your VA loan, you could be out of pocket a minimal amount and essentially have most of your living expenses covered by your tenants.

Cash reserves are a good indication of future possibilities, so they need all the information to consider any loan.

Keeping the houses updated means I can sell to an owner-occ with minimal lead time.

Even though I think they're incompetent liars, I try to minimize contact with them as much as possible.There's around 400 homes in the HOA, with 8 different floor plans.

@Eric Payne ..I send a Renew/Vacate Notice 60 days prior to lease end..if there's an increase, it's indicated with the effective date of the change.

Nice to see that you made $25k on your home with that minimal work.

I offered to help her find a more affordable place, expedite her SD refund (which was paid for her by a local charity), help her move, and release her from the contract.When she said she wasn't going to take my offer, I filed a Summons for Unlawful Detainer, figuring this was a pretty good indicator of what the future held.

If you really want to minimize your "work", sell all 10 houses and leverage or pay cash for a 10+ unit building.