Signed lease (on yours or 'standard' form?)

Finding a quick end to the lease may be a great solution.

If I would have known he was going to do that I would have leased the property myself as I have a couple of rentals.

My options so far are:1- Buy the townhouse subject to existing mortgage, evict the current tenant and re-rent for $1850/mo, refinance in 12+ months to lower the PITI to around $1350/mo.2- Do a lease purchase option with the current owner and a prospective purchaser and keep the down payment as my fee3- Do nothing, move on to the next deal What would you guys do?

I currently work for a local property management company as a leasing agent so I'm very familiar with the rental market.

There seems to be a lot of Lease Options and Wholesaling Lease Options posts, but what about using them to build a buy and hold strategy?

Personally I think the only way around this if you really want the property is to take out a lease option.

I have been working on wholesaling lease options in NY and have found it difficult to get in direct contact with sellers.

My favorite way to deal with long term properties has always been the lease option.

If I use a self-directed IRA LLC with checkbook control to fund the lease option consideration, can I then deposit the profit from flipping the lease option into the SDIRA tax free?