Crazy-town.For every flip tax that stops a flipper, there is a buy and holder to take advantage.For every condo that can't be converted, there is an opportunity for potential TIC.For every tenant under rent control, there is a discount (sometimes significant) built in to maneuver to full market rents.For every migraine created and ridiculous law implemented, there is another long-term millionaire made.

Using a ROFR locks out any other buyer at least to the time allowed for you to buy.1) I thought we could set price in lease option with Seller or specify how strike price would be determined (such as average of 2 appraisals)2) Also, why would one want a ROFR along a lease option?

Investors can operate like a Special Forces operator in the battle, they can have greater knowledge of the battlefield, be able to move quickly, operate silently, change tactics quickly, adapt to conditions and strike, while the big boys move in mass, like an invading army, bringing nothing to the community but pillage and plunder.

Like if they attend the Commercial courses, and you are investing in commercial RE, then strike up conversations with people in the room.

Just to give you an idea on a conservative deal that we have that may strike your interest.

Rates on 30-year mortgages rose for a third straight week, striking the highest level in eight months and the30-year, fixed-rate mortgages averaged 6.42 percent and the rates on 15-year, fixed-rate mortgages, a well-liked choice for refinancing, rose to 6.12 percent this week, up from 6.06 percent last week.Rates on Five-year, adjustable-rate mortgages averaged 6.19 percent, up from 6.02 percent and One-year, adjustable mortgages were the only category to show a decline, dipping to 5.57 percent from 5.64 percent last week.CheersSamantha

IMO, a house, like an equity mutual fund is a MINIMUM of a 5 year commitment, that's strike one against buying.From what I read FL is in an bit of a downturn in real estate, depending on which market, so prices may fall further, that's strike two.Also from what I read your property tax and homeowner's insurance bills are in a huge state of flux right now.

STRIKE ONE(Could also cause friction with the neighbors) OTOH, if this is "out in the country" and poses no concerns, take lots of pictures!

LOL, I don't think lightning strikes twice, but who knows.

(strike 1.)