Great episode with Florida commercial real estate developer Joshua Pardue! Check it out on Spotify

Giving someone control over who gets into my property while maintaining responsibility of kicking people out seems a bit risky.

The homebuilder could have figured it out how to maintain overall grading/drainage of the site, but it was more so needed to satisfy the City.  

Estoppel letters are signed by each tenant and counter-signed by the owner as true and correct.

If I'm wrong I'm sure someone will correct me. 

It lets you learn the ins and outs of maintaining a house without worrying about tenants.

Hey @Andres Triveno, this is always a loaded question and there are different answers.I agree that most often what @John Underwood and @Collin Hays said is correct.

Their argument, if I understand it correctly, is that I have two buildings on the property.

Doing nothing may be correct for one person, and engaging in a complicated entity structure may also be correct for another person depending on the situation.Each real estate investor/professional has different risk tolerances, different levels of savvy, different abilities in terms of bookkeeping, different estate plans, if one has an estate plan at all, and different relationships.

If you structure your lease option correctly, it'll actually benefit your DSCR loan.I have a lease-option tenant buyer that's currently in a 10-year lease option with me.