Almost every time I have looked at a property myself and run my own numbers, I found they were underestimating or missing a few components or the cap rates were figured without property management or some other potentially large number.

Welcome @Jacob WohlgemuthCongrats on the intern spot that you got with that management company.

Lease options generally contain two components: an option (or first right of purchase/right of first refusal), and a lease agreement.

@Brandon TurnerThis might be a job for a Intern to consolidate a lot of these questions not in an article but more like a moderated and consolidated forum.For example:https://www.fatwallet.com/forums/finance/150875/?

The only exception would be an internally generated lead not found on the MLS or through a wholesale operation.

This purchase motivated me to finally get my sales agent license which has been an internal debate for me since the beginning of my investing career in 2009.  

You must be cautious with the rural component that can be real kicker in a down market

We administer exchanges of international property all the time. 

@Chuck Cirulli: (I am not an attorney or CPA) First let me point you to the internal revenue code (for your review): https://www.law.cornell.edu/uscode/text/26/4975Based on what you mention, In this section you are probably in violation of Section (c)(1)(B)to(E).Please read Section (a) for initial taxes, and then Section (b) for the additional taxes.

Deborah, you can reinforce foundation but it still requires drilling into existing footing, gluing in rebar and adding new wider, deeper footings not only on the perimeter of the home but also on internal support walls as well.