It's possible, but most sellers are either selling in order to either get cash out of their current home to put towards their next one, or selling because they can't afford to continue paying their mortgage. A lease /purchase option is most feasible when an owner has relocated, not due to financial distress but say, for work, and the empty house has been on the market for some time, without having sold. Many owners will accept a lease /purchase option in this stuation, to offset their expenses (taxes, insurance, etc) of maintaining the house. Bristol is my home town, Let me know if I can help you.
Keller Williams Realty