To me this seems like a nice, tangible benefit one should consider when they're trying to figure out what is best.

I would only exercise the option if local development continues and I can flip the property for a nice profit.

I agree with @Brant Richardson , for that price you can easily pick up two nice SFH that will rent for $800+ in nicer areas.I know several Brokers & Property Managers that will sell turn-key props that are occupied, have had recent rehabs and cash flowing nicely.Let me know if I can help.

Theodore Rivera welcome, nice to have another fellow Houstonian among the ranks.

I had people ask me to write a policy then, nope, sorry, all I can do today is make an appointment, but we can do it in two days.....The company had a contest (they always have contests) and while I won many of them, this time I led the southeast region of the entire country for new applications, second I think nationally, (won a nice vacation, BTW).

Just more of a reassurance.You can make the asking price super high that way if they still want to continue with the purchase you will make a hefty profit upfront or option it so you get a higher rent income and if they don't end up buying while rent to own, they keep the property nice so no need to worry there.Just a quick thought.

You don't need to borrow money or even own the home to make a nice profit.

Help them with getting a HELOC and fixing up their house (if that's truly necessary) and selling at a nice profit.

Kendrick Bowman lol nice description, the science guy has been known to buy RE from time to time!

Other years we had other nice 179 deductions that reduced profits to zero.