Houses in 33712 sell from $10000 to ones on the water that sell for over a million. There are few homeowners who are willing to lease with an option to buy ( called a Lease Option ) from evidence of what is available in the MLS. Normally 5 or less will come up. Most sellers would not be likely to consider a Lease Option unless their house had been on the market for a long time without any offers and made less likely as inventory has fallen dramatically to 3.4 months. ( Aug.2012)( Would take 3.4 months to sell everything at the current rate of sales ) A Seller would be more likely to consider a LEASE PURCHASE which means that you sign a contract that says you will lease the property and WILL buy the property. A Lease Purchase is different from a Lease Option where you, the lessee, have the option of walking away. For either scenario, you must have a real estate attorney draw up the contract because for each party there would be specific terms ( outside the scope of a normal real estate contract ) that must be taken into account. No matter which type of these leases you choose, they are still leases and you will pay rent to the landlord since the landlord still owns the property and has to pay the taxes and maintain the property. While up to each party to agree on suitable terms, know that usually only a small percentage ( if any) of the rent is applied toward a "down payment". It is hard to find a house that will entertain a Lease Options or Lease Purchases and even more difficult to pull off. It can be very frustrating for all involved. My advice to you is to rent and save enough money for a down payment. With an FHA loan you can put down just 3.5%. With that you must be employed for at least two years at the same job with some exception to being in the same field for at least two years. For example, the nursing field where a nurse may move from city to city but still in nursing. This discretion is up to the individual lender. You might also consider a Homepath home loan with a similar low down payment. Homepath loans are available on Homepath Houses. See link.