I vote based on what I think is a good post and not based on a predetermined opinion of where the poster stands in the politcal spectrum.5.

The latter will get you through those tough times because you will be on purpose and working from your pre-determined plan.Make sure you have the right reasons going into this business.

I'd first see how long the tenant wants his option to last before determing price then go with a pre-determined sales price or use appraised value.

yup, we require video of our projects before releasing funds and we also have our pre-determined listing agent go by the property to verify the progress before releasing funds.  

Alternately, there could be a small option fee (for the right to purchase at a predetermined price in the future) and the downpayment proper is due at the point of exercise.  

This is split under a predetermined formula between the passive investor and the “sponsor/operator”.  

You will trap yourself in a cage after shooting of your own big toe if you do it any other way.There is NO CONTRACT to buy; the lease says nothing about buying, and the option gives the buyer the RIGHT to buy at a pre-determined price and within a certain amount of time, but not the OBLIGATION to purchase--that is not the same as a contract to purchase.  

Smart Thermostat (lock it to run at a pre-determined range)5.

I have also come to the conclusion that an LLC should be capped at a pre- determined value of assets per LLC.

I like 2 of their features......The first is the Eco feature which turns the AC up to a predetermined level when the space is unoccupied.