My partner and I discussed lowering our offer so, that is a route that we will be exploring moving forward. 

That´s what´s on my mind right now, but I am actually very open to learn about different investment methods here in San Francisco and which will fit me best. 

This is a free meeting – there is no charge for you to attend – and you are welcome to invite other investors, landlords, and those who are new and/or exploring the possibilities of the business.

I see a lot about how you should secure your method of financing prior to looking for a property.

Any suggestion on the easiest, safest, most legal and feasible, aka "the best," or "ideal" method of completing the actual sell of the lease option in California, for 2016? 

My method to date has been buying a house about every 1.5 years.

I look forward to exploring all the ressources available.

Paying cash for the 1st rental is key and it is great you have the equity from your primary to do this.So I spoke with one lender that deals with investment financing and this is the method.  1: buy house with cash2: remodel and improve with intention of buying into equity3: (this is the tricky part with time)  Wait 6 months (some make u wait 12mo)  and get reappraised with intention of financing for 70% the appraised equity.4: Use the 70% pulled from 1st home to buy your 2nd property.This method works better in flips because once the 1st home is sold you can do the method over agian.  

What matters to me are the bidding methods (eg.

Very common method with personal houses, single family, duplexes, multi units, etc and can remove a huge "Potential" tax burden.I m sure some the BP members have a generic Contract you can Customize for this deal, eliminating a lawyer fee.