I can purchase a property on lease to own, airbnb it out, exercise my option, and purchase the property to convert it to longterm. it would seem that you all are thinking on a much smaller scale than me about this specifically and placing your limitations onto me.  

I have to, you have to negotiate yoyr own contract.As an exercise: search when does a commercial contract Ernest money go hard?

And is this an option in the sense you have the option to decline and keep your interest in the deal or are they exercising some kind of buyout option in the documents?

The lease has a Notice Required To Exercise Option which states as follows:To exercise the option to purchase the tenant must deliver to the Landlord, a written notice of Tenants intent to purchase, not less than 30 days prior to the expiration of the lease term.

@Philip Ma Thanks for the reply and really pumped to hear from someone actually exercising the plan I have been thinking about.

In due time, I will better understand my strong-points, and likewise what I need to work on.Besides working as a mortgage loan officer - which is quite time consuming, if you could imagine - I love passing time with my friends/family/significant other, running/exercising/kickboxing, and cooking new dishes (big Tex-Mex guy, and love a good carne asada).

The exercise led to great conversations.  

The flipping will exercise your estimating rehab costs muscle, as well as your deal finding muscle.

If they choose to exercise the option and purchase the home, the money you received goes towards the down payment, if they don't end up going through with it, you keep the money.  

The “15 years” only means an extension of the 5 year period prior to selling IF you couldn’t live there 2 of the years as primary within the 5 year original period, exercising this active military option THEN proceeding with a 1031 like- kind exchange.As for active military application - military extension of the capital gains exclusion applies for active-duty military members who are away from their property due to permanent change of station orders to extend the 60-month period up to an additional 10 years.