Hey Ashwin Bhavikatti - We just published an incredibly comprehensive guide on Tenant Screening, and in it, we also share a tutorial for using one of our partners that we believe, has the best screening product available right now.

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But using two seperate contracts always works and using a contract that incorporates a lease and an option only in limited situations simply is nothing more than a seperate product to be marketed, it serves no unique function that would not be accomplished with two agreements.You need to begin at the beginning to understand concepts used to buy, use or control a property.

It's a great product and it can be difficult to find 12 or 13% annual returns elsewhere that are secured by actual hard assets.

Your finished product remind me of Phoenix Redevelopment style(Eastside craftsman style homes- pottery barn style finishes) if they are still around.

Very pleased with the product, looks like a traditional stained cabinet.  

Everything you buy - EVERYTHING - especially food, has some wholesaling involved at some point be it in the raw materials used to manufacture it, the bulk discount obtained by shipping mass quantities, or the actual product you purchase at point of sale.SO, why should real estate be any different?

The number one way is to buy a saleable and in demand product.

NY, in my opinion, has become an increasingly common and to a degree NY itself has become homogenous with the various chain offerings of "local" product (e.g., replacing the deli with xyz chain).

Not every deal is going to be a home run like that, but most can be had for at least a 10 cap around our area relatively easily as long as you buy right, have a good product, and have amentities people want they run pretty well.