Hi I'm in Georgia and need to know that after closing a deal where you buy sub 2 then sell with lease option, do I set up an escrow account for the tenant to deposit monthly rents too and what sort of statement would the tenant get that shows what they paid and the payment being deducted and balance on the loan after payment?

@Trent Hicks, you aren't exactly putting the cart before the horse, but sort of.  

That may be heresy in today's market but I still stick by it.Trying to think of other ideas, I'm not sure if this is an on-market property or not, but especially if it's not, there could be the possibility of paying the seller for an option to buy the property at a certain price within the next year, and letting the seller continue owning it through the winter, then you exercise your option and purchase it in the spring once the ground has thawed out.That's a much easier concept to pitch to the owner if they don't have a real estate agent who's basically just motivated to sell it and get their commission ASAP, but if they've had a few deals fall through because of the failed septic then even if there's an agent, maybe they'd be open to it.Alternatively, and maybe simpler than an option, would be just putting down a decent-sized earnest money deposit and having a closing date in the spring - basically an unusually long period for the closing.

If it doesn't say, then it is ultimately a court who sorts it out if there's a conflict, but I wouldn't expect most courts to side with a landlord who just decides they want to use the backyard themselves for bonfires or storing their junk. 

Let me skool you what a lead is, .. sit down son.A lead is ANYONE that is willing to sell their house BELOW MARKET VALUE REGARDLESS the reason or motivation for selling!

It's become an ongoing joke of sorts.  

I've seen teachers, firemen, software engineers and all sorts of people utilize both strategies successfully.

Goal #1 is to get the owner talking and find the motivation to sell.

.#1: There Are ALWAYS People Who Want to Defer Capital Gains TaxOne of the main motivators for many Sellers who end up doing Seller Financing is the deferral of capital gains taxes.

Also good school districts have some sort of direct relationship with how safe an area is.