He loved my proposal to l/o the house, rehab it splitting costs 50/50 while I lived there rent free during the rehab.

Just be very careful setting up the L/O contracts.  

You’ll be forced to lo the property to start taking minimum withdrawls if you don’t have enough cash in the account.

Or refer their clients elsewhere. 15 years ago one of them summed up his opinion of of LO v. sub2: "LO good, Sub2 bad".

I too am a new member who is looking to make their first deal and, lo and behold, I too am from the Philadelphia suburbs - King of Prussia.

Lo and behold it turned on after they emptied half of it out. 

I posted this in another forum (wasn't sure of the right place to put it)I and my brother are looking into investing in Ocean City, MD using Sub2 and L/O deals.

Quote from @Laura Lo: Hello everyone,I am new to this forum and I have been watching it for a few months now waiting for the right time to post.

Well I looked into the document and lo and behold it was in the policy.  

Hello @Ryan RandallsI don't have any experience with lease options, but you should make sure you really do your homework regarding the subject, unless you have experience in the past with LO's.