Investing on a home is a major decision to make. When you get a home, it could mean a lifetime investment and when you buy one outright in just a single purchase, it would require a huge amount of money. The economy is in downturn condition in most part of the world so everyone is in search of every possible way to be able to salt away and put their hard earned money in a sound investment. The land contract real estate is a sensible alternative because the tenant is given the option to buy the home before the lease period ends. As tenant, you just have to be wary of the Land sale contract which basically includes rental term, the purchase price, the upfront deposit, and the monthly rent credit.