I want to set up a L/O and he is interested but wants a proposal.

Sandwiches options can be problematic but if you know what you doing I think they're good in certain houses, I like equity split lease purchase arrangements on better housesIf you have a motivated seller it's always best to get title and do your own Lease to own arrangement by buying on a wraparound mortgage or subject to first then LOIn certain states you have to look at evicting the tenant buyer if they fail to pay rent with a lease with an optionAbout lease options in general,  getting the tenant buyer evicted for failure to pay rent depends on your location and your local courtI would see it evection attorney in your locale and you need to know what the judges  would say on that LO paperworkIf you don't do it the right way, you may run into a judge that says this paperwork is a "disguised sale" and rule that you cannot evict and you need to foreclose instead of an eviction

I am in Denton County, Texas in a highly desirable school district in a good rental/first time buyer neighborhood.Secondly, can anyone recommend a good title company to work with on setting up the LO?

Ive been doing some light research on lease options and have been seen a common theme that lo's are relatively safe and easier than trying to wholesale a deal.

Im a seasoned LO in Cali and taking the leap into REI.

I am a realtor and I have a lease option on property and I am marketing for a tenant buyer to do a sandwitch LO.

I have bumped into this with a 10 year old pole barn that wasn't ever an issue until my tenant gave the code enforcement guy a hard time, then... lo and behold, I got dinged for building it without a permit even though it was there when I bought the property.I had to get a contractor to do drawings, pull the permit and get it approved, then could move on, but always remember Murphy's Law.

@Keen Chung Lo - definitely willing to offer what I can.

We emailed the bank to ask about financing options they offer and to see if they had any properties for sale, and lo and behold, they sent us a list of their properties.

(don't even consider the LO route until you have a clear idea on how long it will take for them to qualify for financing - you never want to put a lease option buyer in a position where they will fail).In my experience, forms of owner finance make sense for a motivated seller to take advantage of.