See http://www.biggerpockets.com/files/user/REISkills/file/contract-for-option-to-purchaseThe CFO does not give the option til the end of the lease.The DOS clause if used with Land Trusts works many times.

Is the theory the User will be spending more in rent (declining stock means for raising rent prices) so will have less "disposable income" for their habit/addiction?

If they dont pay I will go to their command.

See http://www.biggerpockets.com/files/user/REISkills/file/contract-for-option-to-purchaseRight of First Refusal (ROFR) and Right of First Negotiation are preemptive rights to purchase specific real property at some future time upon certain defined terms and conditions.

Primarily because he misunderstands the concept that the US federal government is the monopoly supplier of the US Dollar and thus a currency issuer, whereas you and I and businesses and states are all currency users.

Here's the guy to ask: http://www.biggerpockets.com/users/rantaman

This agreement is part of the ListSource User License Agreement."

JeffCongrats on the future acqusition.Consider Zillow and Trulia-end users have access look at new listings that don't have an MLS #Expired listings-call see if they want to sell for cash quickly.FSBO-check for motivated sellers.Go to local landlord Association Meetings, look for motivated sellers.Look for opportunities for Niche or Specialized Housing.

In this case you take your three paydays (up front money, rent spread and backend money) and flip the property to the end user within the option period.

While there is more risk in rehabbing, that is where the most value is created, in taking a run down place and making it into a nice place that can command a retail price.