Finally got an executed contract today after 9 days (after agreeing on price) of messing around with a newbie listing agent on a Freddie Mac property.

Then as you execute your plan, give yourself the point total that you have earned.

Offer to pay your potential lender 8-10% for 5-10 year fixed-rate money, 65% LTV 1st position on appraised value, rehabbed and tenanted, using a 3rd party loan servicer, pre-executed assignment of rents and pre-signed QCD that can be executed in event of 30-day delinquency (sidesteps foreclosure step for your lender), and use an experienced real estate attorney.

Whoever you work with, make sure you understand that lease options are now regulated in our state under Chapter 47G, entitled Option to Purchase Contracts Executed With Lease Agreements.

I work full time as a Real Estate Executive for Fairway Outdoor Advertising (a billboard company in South Carolina).

But for death... would it be acceptable for me to execute a notarized document between us like a "Designation of Successor Shareholder" wherein I declare that in the event of my death that she is deemed the Successor Shareholder of 100% of my SCorp's stock and entitled to all rights and privileges that such a position entails?

Texas has favorable laws for foreclosing on properties and you can execute wrap transactions that are close to functionally the same thing as a lease/option.

Date of Deed of Trust origination (executed loan date)4.

I still think the idea is solid, just not when it comes to execution (ie. when it matters).

The owner and tenant buyer will execute a P&S.