Other things to note: there is an option fee the tenant has to pay (and you may keep if they choose not to exercise the option to buy).

Your first due diligence exercise in notes is to find out the qualifications, experience, knowledge and financial stability of the note seller-dealer!

Real estate is very similar to exercise you need dedication, repetition, and a solid diet (education).

Nonetheless, I implore you to do an exercise.

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If Borrower wishes to exercise this option to extend, Borrower shall notify Lender of Borrower's intent to extend in writing prior to the Maturity Date.Security for Payment: This note is secured by n deed of trust of even date from Borrower to Doc Prep 911, Trustee, both of which cover the following real property: Lots xxxx, City of xxxx, according to the map or plat recorded in xxxx, Map Records, xxxx, Texas.

Otherwise search for "rent by the room" lease samples.

For inspiration, you can check out sites like Slidebean, PitchDeckHunt, or Canva (I use this personally), which have sample pitch decks and templates tailored for different industries.

There are a lot of sample contracts floating around, and so wanted to make sure that one I might draft jives with California law.

It doesn't mean anything at all, actually, because it's a tiny sample.