The investor purchases the property in their person name and then transfers the property into a land trust, which the lender cannot exercise the Due on Sale Clause against due to the St.

You have to wait to get paid out the majority of your investment until they exercise the option.2.

I think half the people would use that room as a bedroom, but a lot would use it as a home office, exercise room, etc.

I also don’t want to risk any additional investment should the estate choose to exercise their option and buy me out.

Especially in this market, I would exercise caution related to location and underwriting.  

Reporting it seems to be an exercise in futility.  

In the basement 40X60 area he has a 12' bar, lament floating floor, pool table , sewing room, exercise room, laundry room theater room 24X30 with 12' retractable ceiling with 8 reclining movie chairs.

Here is my situation: my wife and I have "subject to" lease - option that we purchased from a wholesaler that gives us nearly unlimited time to exercise the option, currently our option to purchase at about 95K.

Fun exercise for anyone that wants to play by the way...   

It seems like we can think much better, once we are removed from the noise of the day to day business.Ten years ago I had a personal real estate coach and one of the exercises was to do personal and then business financial planning.