The inflation is starting to turn the rental market on its back.

Long story short, I went from 7 residential rentals to acquiring 4 commercial assets for my fund within the past 14 months since joining his group.Conclusion/Advice1) It really depends on the goals you have and identifying what you feel like is holding you back from your dream outcome.

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.

You will need to allocate the expenses between the personal and rental portions of the house.

Based off a quick rental search I can see that the property needs some more work to get rent ready.

My wife and I are considering getting into real estate, possibly short-term rentals.

I understand that we all would like to be able to buy cash flowing rental properties at a low interest rate with zero deferred maintenance and sit back and collect checks.

I'm looking for an Oklahoma County CPA that is great with rental real estate.  

This is what I do:1) Helping investors articulate, clarify, and organize their thoughts. 2) Holding investors accountable for their actions. 3) Assisting investors as they strategize and make plans to reach theirREI goals.

Then refi out I’m looking to live in it as my primary residence and eventually pull equity for down payment on a rental property