Michael provided a great answer. Rent to own leases can be made and I have made them with past clients, however it is challenging to come to a mutually beneficial agreement.
Why are you looking for this option? Do you not qualify for a home loan at this time? Or, Is there another reason this option looks appealing to you?
I have a team of investors and lenders who have assisted homeowners get into a home now who are not able to qualify for traditional financing. Two of the affiliates I work with are structured similar to a lease to own. If you are interested in finding out more information please email or call me to discuss further.
Have an exceptional day!