The only reason why i would want to use "an option to purchase" contact is because it would be much easier to back out of a deal with than using the "purchase agreement."

I know, easier said than done.

This isn't an easy job, it might be easier to replace.  

The first zip code is where I'll buy the first 4 duplexes because of the lower prices it'll be easier for me to acquire them and I'll be within 5 minutes from each one incase of any problems.

I concentrate mostly on major cities because it is easier to get demographic data and rental statistics about these places. 

It would be a lot easier to rent out a  B/C apartment than an A house. 

For instance buying a 50k rental in the mid west may be small change to some so they say what the heck I don't need to see it I will shop just like I shop at Amazon and buy it basically on line.Others will spend much time and money checking it out.. flying there and making certain its for them.I do think one way to dial for dollars is to contact those that bundle it up for you IE turn key type companies.. and I think a lot of time can be saved by talking with a few reputable PM's in a given market.. they will for sure be able to tell you were the management intense areas are.. and one's that are easier for them to manage. ( Ie code for quality of tenant) 

There are things that you can do to make it easier for the tenant to purchase it as well.

The key difference with it being within an LLC is timing on tracing the use of funds, which could make it easier to get deductible interest.

Lenders have been easier to find on my real estate journey but if anyone wants to drop a bank they like for construction loans I am always happy to call a recommended bank first.