Rent to Own-How to structure

[Adam Soyak]

I am selling a SFH that is currently under contract. It is contingent on the sale of the buyers house. I have been informed that the home that is being sold might not sell for a couple months. Instead of letting the deal fall thru, I am contemplating doing a Rent to Own structure to the buyer. I am new to this type of deal and am looking for advice on how it should be structured to protect my best interest and still have the deal go through. Thank you!