I train in wholesaling but also lease options and subject to and wraparound mortgages Virginia is pretty strict and having a real estate license really does help youI would start a marketing campaign toward houses with good school districts in medium priced housesI like expired listings because they want to sell I would knock on their door and give a free report and then follow upMost expired listings are overpriced because They don't have a lot of equityInstead of an assignment I use an option release because in many states assignments are frowned uponSo here are the steps-Contact the expired listing seller-Show the cost is sell by listing with an agent-Compare that with lease to own in getting your sales price without a sales commission down the roadYou can either act as a principal in the transaction by creating a lease and option with your LLC or sign a listing agreement and charge a fee to facilitate the lease to ownIf you're acting as a principal, you take your option and place a memorandum of option against the property at county recordsOnce you have the house under contract you market for tenant buyers in that area that have 3 to 5% downEither the tenant buyer or the seller or both will pay your option release feeP.m. me if I can help youBest wishesBrian

I am considering offering property owners to rehab their properties and charge for the rehab project.

VR property managers typically charge 20-30% of revenues.

If the house is vacant why would any right minded investor show up and think mhmm the house is vacant and worth less than it will cost i think ill just charge higher rent even though there is none there to begin with...LETS JUST SAY there is a investor out there that has the right idea and could figure out some miraculous way to cash flow the place and convince the owner to take the loss and walk away empty handed...

With that said, there are plenty of brokers that just charge a small transaction fee or whatever.  

The United Kingdom recently launched an all out assault against pay day lenders, setting caps on interest rates that they are able to charge consumers on short-term loans.

I'm a real person and I'm not charging you anything for my advice.  

There is nothing wrong with charging a non refundable application fee.There is time and cost involved in processing a tenants application.

And how much above normal rent can you usually charge for a lease option?  

I would make the right improvements and charge as much rent as possible.