The practice of lease options and lease purchases came about because tenants would often want to buy properties from their landlord, but often couldn't qualify for an institutional loan. The question that I would ask you is, do you want to go down a more complex road as a first timer? And if so, would the pay out, the potential payout, be worthwhile given the learning curve,. Given what else you could be doing with your time, there are lots of ways to make side income.

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