So I guess that’s a good sign! 

They choose the option they'd like - 1 Year, 6 Months or Month to Month, Sign and date it and get it back to me.   

Well last night I put up signs advertising that I was interested in buying homes is that a good strategy

I asked the broker to provide me the contract for the mortgage that we would be signing at closing and he said it doesn’t get generated untilclsoing documents.

The payment would be a wired transaction where we sit down with his attorney and title company to sign rights to the home over.

They signed an 18 month lease with 12 months remaining.

I would like to do an FHA loan or possibly have my parents co-sign but is there a better way to do it?

I would give the current occupant 10 business days to sign a lease with you and, if he does not, file the ejectment lawsuit.

If you finance it with an owner occupied loan, you’ll sign that you’re going to move in within 60 days and owner occupy for usually at least a year.

If both parties agree on terms (price, etc), you could always hire a RE attorney to go over with and explain the contract to the seller before he or she signs for probably a 1/2-1 hour consultation.