Lease Option Help

I am new to lease option investing. My marketing has produced two owners who will do a lease option with me.
The question is should I do the deal.
First house is priced at 338K. I looked at the comps and there at 280K for this house. The lease option to the seller would be 1600K monthly. The market for this house is 1400 to 1800 monthly.
The question is should I still do the deal and look at the profit from the option consideration and a $200 monthly spread.

The second deal the seller will lease option to me for 265K and that is what it comps at. The monthly rent their asking is 1400. My market would allow up to 1800. Is this a deal worth pursueing
Any help appreciated
prh

It’s difficult to say whether or not those deals will be profitable from the info you gave. There are many other variables: local market conditions, how readily will these properties rent, are you putting down any option money yourself, your exit strategy in case something goes wrong, etc.
As a n00b, it sounds like you are considering both these deals as a sandwich lease type of lease option. There are potential pitfalls if you’re not careful. Be certain you have some cash reserves, and consider a more short term approach. A Cooperative Assignment, for example.
Good luck.