Completely legal as no law is being broken.The DOS clause in the loan contact can be exercised by the lender.

Whenever combining realtor and investor roles make sure you give thorough disclosures to everyone involved.

If they exercise the option then they make a built in profit.

Do the options typically get exercised?

You need to be very careful as the other party could misunderstand your role if you are not clear almost from the first conversation.

Aside from possible predatory habits (check with your attorney's on this one guys if you are charging an up front fee), its just a pointless exercise to charge.

The more credit you have that is exercised wisely will allow you to raise your credit score.

I've had pretty bad experience with craigslist for any type of managerial role.. its great for hourly employees though.

Your role then becomes similar to the asset manager who manages the macro strategy vs the tactical day to day operations.If you do not know anyone in the area you want to invest in, send me a PM of where it is you want to invest and I may be able to referr someone to you via my contacts and network of CCIM and CPM associates.Good luck with the new year.

This seems to make me worry less about credibility because we all play an important role in this market.