I am property owner of a house and with today's market pretty much in shambles in the inland empire I opted to lease out my house to a family who also wants the lease option... But since this will be my first time doing this sort of thing I was just looking for some suggestions on what a good plan was..here are the stats:2500 - mortgage paymentand was planning on leases it out for 2200 a month (yes i know negative cash flow)but since I am almost gauranteed (but not quite of course) of a sell at the end of the lease I was willing to take that hit and of course for tax reasons..my question is then: how much of the 2200 a month should go to rent and how much should go to the down payment for the sellers? i was thinking about a year lease.. or some term where they can qualify for the loan with the down payment they have and their credit scores combinedthanks alot!

First of all I would rethink taking a hit on the mortage. Most leases with options to buy take 5%-10% of the yearly rent and put it toward the down payment