You know that you are unable to qualify for a mortgage currently.
This could be due to your credit score, length of time at your current job, employment status(self-employed/1099 employee), or many other reasons.
The next step is to determine exactly what issues need improvement in order to qualify for a home loan. It is recommended that you make plans to speak with a mortgage specialist to help you identify what areas deserve the majority of your attention.
It is NEVER to early to start working on you credit!
It is important for your mortgage specialist to help you determine an estimated time frame until you can potentially qualify for a mortgage. Doing so will improve your chances of structuring a rent to own home with an option period that provides time for you to secure a home mortgage.