Saying "I don't want to do it" is like saying "our culture has predetermined norms for what a businessman / professional wears, but it's too much work for me".

Maybe I should propose to do a Lease contract for the two properties from them for whatever their PITI is plus a certain premium, with the provision that I can sub-lease the units at my discretion and am responsible for any and all maintenance and repairs, with a secondary Option contract stating that upon satisfactory completion of the 60-month Lease contract I will have the option to purchase at the pre-determined price.I'm very new to all this, Michael, what do you think?

Generally a pre-determined or set fee may be considered a penalty, therefore it is usually not permitted."

This will include the rehab of and resale of properties in our designated market with a pre-determined time frame and ROI.

I will then begin (with that personal capital) to purchase 2-4 unit properties (a predetermined amount each year) in order to have enough constant cash flow to feel comfortable not having a day job and pursuing "active" investing full time while my "passive" investments pull me thru the leaner months.

I always do explain to them that we will be either reselling their property or renting it out, but I don't tell them that hopefully I will have it sold before we close.There is no predetermined earnest money amount.

They always predetermine a title company, and legally the buyer has the right.

I have a pre-determined amount.Bird dogs certainly put up bandit signs, or mailouts, whatever drums up business.

They measure the miles to work and school and will not go out past a predetermined distance.

Either way, a price needs to be predetermined, determined by an agreed upon appraiser, or tied to some index.