I put a link in the web reference to all of the home that are either for sale or rent, in San Marcos, in the web reference below.
All of that is forfeited if you do not, or cannot, buy the home for any reason.
You lose it all.
Only the amount of rent over and above the usual rent is applied to the purchase should you buy the home.
Most consumers really have no idea what is involved in this kind of arrangement.
If you don't qualify now for a loan..better be darn sure you will qualify at the4 end of the term.
Also, you will have an extremely limited selection o9f homes.
is that really how you want to attempt to buy a home?
Rent for now.............buy when you can do so in the traditional manner.
I'm sorry you're having so much trouble with finding the right property to rent or buy. I'm a Realtor here in Southern CA and can help you find the right living situation. Just let me know.
Century 21 Award
The up-front costs of rent-to-own are punishing enough, much more than "key money," and the premium you'll pay in rent is staggering. Then, when it comes time to actually buy the house, you're likely to find that it's not worth what you agreed to pay for it in the first place. Or even, worse, you find that there are much better houses out there for you to buy, but you're stuck in this one.
Rent now, buy later.
All the best,