Hey Catherine,We classify it as a 'Delayed Purchase' and set it at 80% of purchase price. 

He was my roommate before I purchased additional rental units.

I responded to her FSBO ad and made my offer which she happily accepted: a 36 month lease option; I'll bring her mortgage current, (1 month, $800), and continue making the monthly payments; option to purchase price of $88K, (my estimate of value, $100K); and I had the right to buy, sell, sublet, or assign the property at any time during the 36 months.

Ask for that off the purchase price or however you see fit, or kill the contract.

I've been contacted by a few victims, not an easy choice, even sharing litigation costs, you have a difficult to enforce judgment.

You made the choice to buy a $35k property... that's incredibly cheap in today's market.

The house they are renting is probably 100 years old and I purchased it for $10k.

Household Composition: 77008 shows balanced demand for both family-oriented housing and non-family units, promoting investments in single-family homes and high-quality apartments. 77063 indicates higher demand for rental units and smaller homes, focusing on apartments and affordable housing options.Despite higher entry costs and a lower percentage of renter-occupied units, 77008 appears to offer better prospects for appreciation and lower vacancy rates, making it a more suitable choice for investment.Greater Heights OverviewThe Greater Heights area (77008), often referred to as "The Heights," is renowned for its prime location offering a blend of amenities, top-rated schools, and abundant job opportunities.

Purchase price: $190,000 Cash invested: $60,000 Sale price: $355,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Brittney Sciandra, successfully completed a fix-and-flip on Church St, Baltimore, MD 21225.

Hello BiggerPockets, I recently got the opportunity to purchase an off market property in Las Vegas about 15 minutes west of the strip.