When offering a seller options you are selling speed vs convenience, do they want to move on fast?

They are considering their options, looking at the market, probably starting to realize market rents. 

I would have the option to buy the home in 5 years for $1.3 million.

Find your syndication partners and discuss these options with them. 

At least explain the situation and they'll give you an unbiased, informed answer to let you know what your options are.

Turnkey rentals would be your best option, somewhere with immediate cash flow and some appreciation upside if you hold it.

Hello, I'm looking to buy my first multi family  property  by the end of the year!

Same for backyard - even if it's small, cutting it in half with a fence makes it easier for both to enjoy a holiday barbecue in their own space.These are low-cost options that will help create a better relationship with tenants.

Rates are generally higher on interest only options and the difference in payment isn't that huge from a 30 year fixed option

There are better options. $3,000.00 is lower than I have heard people say they have paid. $8,800 to 11,000.00 is more realistic because like most guru's they hold back key components unless you pay more for them.