The team leader would sit in a control booth and record the entire exercise.

About 11 months I was contacted & notified that the previous owner would be exercising his right to reclaim his property.

Make sure you have an iron clad contract with the seller, no due on sale clause, etc. and negotiate the best rate and terms possible on the owner carry.On the flip side, negotiate the highest interest rate (of course) and you could even offer an initial lease option for 6-12 months to increase cash flow, get them used to paying higher than rent (which I assume the mortgage, taxes and insurance on their end will be higher than the current rent) and get a spread on the rent, a spread on the interest rate after the option is exercised, and an upfront fee on the lease option.

ok so since i have the option to buy the house...say i dont find a seller..do i have to exercise that option or no?

Any entity will protect you only if you exercise good judgment in running your business.

Doing this exercise will help you quickly identify which areas to focus your learning on.2.Next, write a brief outline of the necessary steps to complete a successful deal using the exit strategy that you've selected.3.Now compare your outline to what you already know about your exit strategy then go to work on filling in the gaps.Once you've learned enough to get started then....THEN GET STARTED.I hope this helps a few of you out...I've seen it do miracles for people!

if they fine me, depending on the amount i won't pay it. if they throw me in jail, i'll be costing them money for some piddly offense and will have a short term. they sure as F*ck won't be able force me to let them live there, i'll make their (tenants) life hell so bad they'll move out on their own real fast. even if i, for some reason, decide to use the eviction process, i'll just start that process the minute they move in. that way, what ever BS time frame can pass and i can exercise it later on my own immediate terms. i'll hide the eviction language in the rental agreement (that they won't get a copy of). bottom line; renters are pieces of sh*t and i'll stop at nothing to ensure they can be thrown out on my time frame instead of after they're done damaging my financial/physical property.

I need to do more cardio exercise and just keep at it.

If all else fails, exercise the Happy Clause. 

depending on amounts I would imagine your option being 2-5% then 3% on top of option price.example $10,000 option raises by 3% every year if not exercised?