I could really use a gut check from some experienced investors.Here's the story: The seller's initial inspection report on this property came back with several red flags, including "multiple issues with the foundation" and a number of "cracks in the exterior walls."

The other person should go through the screening process before that happens.

Focus on having your leases, screening process, and communication systems ready before move-in so you feel confident and prepared.

Given this man was actively working with tenants who had troubled pasts, screening would not have helped him.

Hello everyone, what should I look for When I inspect/ tour a condo for the first time? ( Regarding interior, and not HOA, management, location)Anyone has experience renting for snowbirds? I was told that a ground-flo...

If he is on 100% voucher I would take him in as long as he passes your other screening requirments.

@Caroline Kennedy wondering how you're screening them?

Are rising repair costs changing how you screen tenants, budget, or structure reserves?

Don’t advertise the option price upfrontYou’re right, almost nobody posts it publicly.Not because it’s a secret, but because:You need to confirm they can actually qualify to exercise the optionYou need to verify their timeline + income + creditYou want the flexibility to adjust the strike price based on market data at the time they’re screenedThe proper flow is:Advertise it as “Rent-to-Own / Lease Option”Screen them like a normal tenant (income, background, rental history)Once approved, then present the option structure, option fee, strike price, and timelineIf you share it too early, you get tire-kickers who want an option fee refund when they get denied.

Section 8 can work well if the property’s in a solid area and you screen tenants carefully.