This is to protect you in case the seller becomes unwilling or unable to execute the deed after the fact.Usually insurance is the responsibility of the seller in a land contract.

Because we do it this way, we can sell the properties for a little over market value, we don’t have to pay realtor fees, we don’t have to pay concessions, and the tenant pays down our mortgage for a few years which increases the margin, and then we cash out.as long as the lessor buys it that's true.. my experience with lease options is less than 50% of them will actually execute.. many will just up and move and some you will evict and some you will pull through the knot hole.. just human nature really. 

As far as scaling have you considered buying turnkey properties (or with minimal rehab needed) all cash and execute the delayed financing option?

Box numbers), of the parties, the contractors registration number, the name(s) of the salesperson(s) involved, if any and the date the contract was executed by the parties.

The lease is between the tenant and the owning LLC, however the PM LLC acts as owner's agent and executes leases on the owner's behalf.

I used to put all my houses in LLCs until I heard a podcast with an insurance executive. 

I understand the premise, but in practice it seems very hard to execute.

The early termination addendum executed by both parties did not change these terms.Move-Out Process On 9.12.17 you were provided a Move-Out / Key Return communication.

The main risk being any judgement, tax lien or IRS lien the previous owner may have will attach to the propertyAdditionally, pre executed deeds are also not recognized any longer by most title companies. 

Now its just execution of your strategy!