Lease options- equitable interest or?

[Greg Taylor]

I have yet to do my first deal.... My hesitation lies in the fact that in reading about starting out with lease options, there is some disagreement whether I, as an "arranger" of these lease/option deals, can actually show that I have equitable interest in the deals, sm I am NOT acting as an unlicensed broker? How do I structure these deals to be within the law? Are sandwich leases MORE of an equitable interest position than assigning the option? I don't want to get in trouble on my first deal!!!  I also have a thousand more questions, but I want to get started on these asap, so tell me what I need to know to feel safe in doing them! ( by the way, I'm not in Texas! ) Thanks to all of you for this forum, I am just now scratching the surface of this awesome library of information!