For landlords, lease options can attract tenants who are committed to the property and may take better care of it.Commercial Property Considerations: When considering a lease option for a commercial property in Texas, ensure that:The terms of both the lease and the option agreement are clearly defined and legally binding.Both parties understand their rights and obligations, including maintenance responsibilities, payment terms, and conditions for exercising the option.Consult with a real estate attorney to draft or review the lease option agreement to protect your interests.Here are some things that may help you form a pros and cons list going forward:Advantages:Potential for higher rental income due to the option premium paid by the tenant.Attracts long-term tenants who may eventually purchase the property.Allows flexibility for both parties in uncertain market conditions.Considerations:Ensure the option fee and terms are fair and reflect the property's market value.Understand the financial implications and tax considerations associated with lease options.Be clear about the tenant's ability to exercise the option, including financing requirements if they decide to purchase.Lease options can be a viable strategy for commercial properties in Texas, offering flexibility and potential benefits for both landlords and tenants.

I agree with Bruce's recommendations, I really like the one about working in a RE office and learning about construction.

Could anyone recommend a reputable 1031 exchange company?

Credit requirements may be the same but the. income requirement is different.If you invest in single-family homes for rentals, once you have built up your portfolio and have your positive cash-flowing assets maybe a % of the portfolio can be set aside for below-market rents.My opinion- You have to make $ first so that you are in the position to give back.

@Daniel Jaros Id strongly recommend the builders Reno policy.

Anybody can recommend a knowledgeable handyman in Syracuse? 

I would also recommend talking to property management companies of where you're considering buying.

Usually, we just buy land WITH the construction loan and wrap everything together.Now, getting a construction loan will require construction experience - not rehab experience.  

I would recommend narrowing your search though.

I found that most of recommendations to buy a duplex emphasis on positive cashflow or match with simple 1% rule to start with.