Managing expectations is one of the core parts of our trade whether it's with our clients or fellow agents. 

The trade-off for ease of renting and maintenance is less upside for return.

Formulate your investing approach and execute.

I have a personal trading account with little over 30k but I’m very conservative with it and typically when I profit it’s only about 100-500$ a trade or a few thousand a year, but I rarely ever lose money.

However, if you put the money on the next project with a 1031 trade deal in a timely manner, the amount can defer as a long-term gain.

The process was NOT easy.I had to submit:2 years of tax returns for all my businesses, P/L statements for all businesses for past 2 years, P/L statements for all businesses for current YTD, Invoices to prove businesses are still open and operating, E-file tax receipts for 2019 for personal and all businesses, Recent bank statements for personal and all businesses, Etc. 

Is it better to do it one by one (rental, residential, or equal) so that I have a better d/e ratio or can i do it all at once through different lenders?

Hi @John Alosio, en essence a lease-purchase option is simply a lease with an added "right" for the buyer, namely the right to purchase the property during the option period under the pre-established terms and conditions.So, if you entered into a lease-purchase agreement with the tenant in Unit 2, everything would remain the same for you until and if they execute their option to purchase. 

As someone looking to purchase a property, this affects you because if you have tenants who can’t pay, you will be in a bind to execute your business plan.

@Jean-Paul E.