Hi Dmitriy I had two options:1-lend to allow them to pay back original investor, which would be interest only payback including capital at end of termor2-equity position whereby I put up $xxx to allow them to payback original investor (no interest paid on lent money) with equity income (rental).I chose option 2 for the income so it would be part owner.As with previous deals (Mortgage Notes) my IRA was on the deed and a promissory note was created as a result of the lending with a mortgage.As I read your questions and write in response I am now wondering if this is typical.

I'm also in the Anchorage market with some lease options.

This is the main difference with the rent or lease to own options. 

Hello,Anyone know of a mortgage broker In Los Angeles area who is familiar with sandwich lease options and would be willing to help build my tenant buyers list ?

Strongly suggest you to use the BiggerPockets Calculator as well as look into Lease Options as that might be another exit strategy to save on the repair, hoa, property manager costs. 

As long as you gave yourself that option then just take the time to verify the numbers, if you have a relationship with any other local investors or contractors ask them to come walk the property with you and get some input. 

Do we have any options to get out of owning it??

Feeling a little uncertain with all of the options out there but we’re anxious to get started and grow our passive income!

If so then I'd say they probably know better than anyone on here as to what the best option is for your market today. 

Also, joined Roofstock family, as well as Homeunion, and I was convinced that SF homes would be the best option, but after spending some time on your forum, I think multiplex units are better for a first timer like myself.