However, My guess is that there is probably a way to make it work through some restructuring or a ground lease structure to a new entity (given the leasing rules under the recent set of proposed regulations).

In addition, I would only do it with a lease for market rent, with a full rent credit for the first x months, under condition you remain owner.

I also sell on the lease option where my tenants have a vested interest in the property and if they don’t excecise the option then I rinse and repeat. 

Anyways, I was talking to our conventional financing lender about this next step, and she mentioned that unlike new residential loans, their company won't be able to use the income from the leases on the new apartment building until we file our taxes in 2019, and then they would use the income from our Tax Statement. 

I am new to Rent-To-Own/Lease-To-Own Investor.

Another option is to make your backup plan to do an upreit ( tax-free exchange) into a fund like Broadstone Net lease, which doesn’t charge outrageous fees. 

My strategies of interest right now are sub-2, lease options with terms and ACTS.

If you have a lease with this tenant and the DSCR is at least 1.2 then a 50% LTV loan should be no issue. 

@Rivy S.Good point about water & sewer... however I never pay water or sewer on a SFR... it’s always in the lease that tenant pays.On a duplex, I write into the lease that tenant pays a Pre-determined amount for water and sewer.

You're not obligated (unless it's in your lease).Finally, follow your lease and give her the required days notice to end the lease.