Instead of a sandwich (SLO) where you are responsoble for the TBs performance for the whole term, do an assignment (LOA). 

OK I see in another thread your asking about lease options.. and probably sandwich lease options and your lawyer is sizing up your financial ability to execute on your contract when the person you lease to stops paying you which is highly probable.. so that's probably good advice unless you have deep pockets and can cover a mortgage or lease payment for the time it takes to evict have the money to rehab the house once the tenant trash's it and then lease it again.most who try these schemes do it because they lack capital and undercapitalized investors fail most every time.this is what the lawyer is thinking.. how to you get through a default.

Upside is higher rent than most states, generally higher income tenants, sandwiched between 2 major cities.

There are a good amount of options, for someone who is willing to sign over the deed.If you are planning on doing sub2 deals, you should know all of these concepts, including sandwich leasing.

That is why when I do a sandwich lease option, I myself have a 5 year option with the owner of the house.

sighhh. i'm thinking of stopping this deal altogether because now the seller doesn't want to do the lease option and is basically asking for straight cash (which is ridiculous for the area)...and this is EXACTLY why I do not do sandwich lease options.

Half of my kids will be attorneys specializing in contingency cases.The other half of my kids will be attorneys specializing in drawing up deeds, writing sandwich lease options, evicting tenants, creating LLCs and land trusts, and so forth.And the last half of my kids will become politicians.Man, can you spell 'return on investment'?!

Are you talking about sandwich leasing, or buying outright (or sub2), then lease optioning?

We really wanted to lower our monthly expenses, and leave room for cash flow after living there for about a year, at which time we hope to sandwich lease option it.

Sub2, now sandwich leasing.