Even if adult kids in the basement is a norm, adult kids with families in the basement is still not in my view.As the generation gets employed, forms families, and is able to save the downpayment, I think they will buy in many markets, they are just delayed some in my view by economic and other factors...

I view the trade off as greater appeal to tenants/prospective renters with an increased likelihood of getting maintenance requests.Curious to get some takes on this, so lets hear it!?!

I got my BP membership almost 2 months ago while searching about screening tenants for rental properties. 

I don't know the legalities of selling a lease option and how regulators would view that.

Are you going to live there also and view it as a form of house hacking?  

Just make sure to run all of the numbers when viewing new properties.

Sounds like $470K is not a huge discount (if one at all depending on how much it would cost to fix it up so it could even sell for retail).2) Tenant screening is extremely important.

Her goal is to "lock it up" so that the seller can't accept other offers and we can then view the property inside and negotiate for any changes if needed.  

While you are examining heating, plumbing, electrical, smoke/CO detectors, weatherization, locks/doors/windows/screens, appliance function, etc, keep an eye out for lease violations and how well they take care of the unit.

So, I guess it comes down to controlling your access to what is available to the market both when searching and viewing (i.e., access to the MLS) and commission going to you or the realtor you are working with.