I have Leigh Robinson's Landlording book which has a sample pet policy.

2) What methods do you use to determine a comfortable number pay the lessor per month while leaving enough  wiggle room to pay mortgage, cover for vacancies, repairs, taxes while having a good cash flow left over with the intent of saving this to use for the 20% down payment when the option is exercised.3) Would you pay for an inspection up front before the contract is signed, or wait until it's time to exercise the option?

Below are just a sample of strategies New Yorkers are doing to invest in real estateInvest in nearby states (PA, NJ, CT).

In the sample I provided above with the 11 properties, they were cash-flowing at about $3k/yr each with a still pretty high 15% vacancy rate. 

The lease had explicit language stating how to exercise the option, and it seems that they have forgotten to do so and missed the deadline.

Does anyone know where I can get a sample of this?  

We've also only had a handful of clients amend out of thousands so it's not a good sample. 

this is clearly the fun/storage wars/small-time heist option.i also emailed first alert, the manufacturer, and they told me that if i send them a notarized statement of ownership ($15 for notary) that they'll email me the combination. this way i'll end up with a $120 not-so-safe of my own. i could sell it and make a few bucks or keep it long enough to forget it in a property at which point one of you fine people will buy the place and exercise option 1: attack it with a crowbar. plan is to open it up on sunday. i'll post what i find.

I find it best to have a sample deal on paper so they can see what kind of product you're looking at.

At list at closing. do you have a visual diagram of this exercise ?