Collect Lease Option Payment from Another State?

[Rashell Roldan]

Hi everyone! I'm new so this is a newbie question.  In doing lease option deals where I collect the option fee and move on, if the deal is done out of state, how should I go about collecting the option fee?  And in what order do I execute things?  Let's just say I have a lease option agreement with the seller, I find a buyer, it's time to assign the option, collect my option fee and move on.  If the tenant buyer is out of state, do I collect the option fee first? Or have the contract assigned first? Both have risks...so I'm wondering what the best way to do it is.  Also, how should I collect the payment if the buyer is out of state?