Least option - State of Texas

[Jay Dean]

I am researching lease options and how they work.  I am specifically interested in knowing the pros and cons of a lease option within the State of Texas. 

I assume that state law has some bearing on the answer.  If you aren't in Texas, please make that clear in your response.

Also, I am asking as an investor that wants to sell a property with a lease option.  I am not looking at this tool as a means of acquisition.

Thank you.