Lease Option/sub Lease. Is It A Possibility?
If you enter into a lease option to buy contract but do want to live in the house can you put another tenent in your place?
Also- Who gets the tax benefit- The investor seller or the person would excerised the lease option to buy?
Please be specific in your answer. You've got a slow one over here. 
A lot depends on how your l/o contract is written. I would think it most cases you should not have any problem in subletting it.
Until you exercise the option to purchase and actually become the owner, the tax benefits belong to the owner. You are only LEASING the property..so no tax benefits.
Not to confuse you, but a contract for deed, you would have the tax benefits.