It should be a privilege to own a home and not a right.

Well, in an option agreement, the consideration is for the privileged, exclusive choice to buy for X and Y terms for a specific time period.

So it's a dump, but you still have the privilege of paying "market rent".I hear a lot of people here saying, "You get what you pay for" or words to that effect, and that is true, I'm 100% on board with that.

YOU have to check how it is done in your local town.IF you wait too many years you will have a huge abatement bill to pay for the privilege of getting rid of it. 

Write the language as "renting a room of the main house with no kitchen privileges"

Unlike a co-signer, a guarantor has the right to know the standing of the tenant with respect the the (financial) obligations of the lease default and the privilege of opening their wallet should the tenant default.  

You have the privilege of paying for all of those employee expenses including , workman's comp, health, vacation, etc.  

Remember, you practice real estate at the privilege of your broker. 

You want to pay money, up front, for the privilege of purchasing a property at a price already offered by another?

As a Guarantor, the parent, grandparent, etc, has the right to be informed if their charge (the tenant) fails to perform under the lease and the privilege of paying any outstanding amounts.