Need info for Harry P Mindera     Address is :  2123 S.

Even with a third-party involved, options that are functionally contract assignments ($100 option to buy some third party's property) are unlikely to survive scrutiny. 

Just like a first survives foreclosure by a second.

@Theresa Harris exactly.

@Clint Harris If you are willing to go with a commercial loan, you should be able to lessen the seasoning period required or avoid it all together.

He survived since he knew that his loans not getting refied was a possibility and he planned options. 

Contact Hunt Rounsavall or Harry Borders to get title search started and start figuring out who you need as contractors and what’s needed to get the property going.

Choose wisely, and choose a group that has depth in their team, a track record, has survived market cycles and has experience in the product type and market.  

But it might be more passive, for sure.All depends on math, and that I do not plan much more than 10 years (if I will survive up:).If I factor the expenses (related to cost of the residental rental) 2,5%depr+1,5%ptax+2%insurance+management etc., that leaves me really small space to get the profit without appreciation.May be for commercial the numbers will look different.

Harry Marsh Law