t out of me every time i get one in the mail.

Thanks for the link @Chris T. the 3 times income to rent rate and clean credit score may help... i think more so in the more expensive markets, but in lower income housing... i think you'll be hard pressed to find an applicant with clean credit or income that can back your justification on denying the ex-con..?  

I do however want to talk to him and let him know how I feel about it, hopefully he won`t make the same mistake with another investor.Redgy

@Chris T.

As long as both parties agree, the Seller should be rewarded for taking the risk on an unqualified buyer.The rent-to-own (also known as a lease-option or option to buy) is an opportunity for a buyer to purchase a home when they are unable to obtain financing through a traditional bank.

Attend homeownership counseling; Receive a homeownership certificate; Ratify a sales contract within 120 days and settle within 180 days; Obtain a mortgage from a lender; Pass both a Housing Quality Standards and Private Home Inspection; and Contribute 3% toward the purchase (1% must be from personal funds).

(If there is insufficient information obtained through this phase of the investigation, the Commission will schedule a preliminary session in front of a case examiner (attorney) and your presence will be required.)

v=j-QPQSGfld0&t=2282...If I recall, an outdoor harvest can be done a few times per year but an indoor harvest can be done every 2 weeks. 

We haven;'t had much luck on the mls so we figure we would do a little airbnb to help with holding cost.

Which basically means if you are looking for a discounted off market property, then some of your discount you were hoping to obtain just went to the agent.