It’s a great way to learn more while doing other things such as exercising, driving, etc.Get involved with a local REIA groups.

You cannot exercise it from second position of your paper does not have that language. 

Closing the transaction when the buyer exercises their option and/or the original owner is ready for you to close on your option-- how is it done? 

You must exercise good common sense and ethics no matter what deal you are working on.

About an hour later, we were grouped in 4 groups by our numbers, and our "leader" explained that our exercise was to call up our credit card companies, and friends and family, in order to come up with at least $30,000 each to prove that we could do so to be involved in our financial freedom through real estate investing!

@Eric Perez I've found Airbnb's recommendations to be low as well.Here an exercise: Assign a rate for your time.

You would also need to negotiate the other terms of the purchase, etc but the tenant would now have a contract to purchase you property and could exercise that right. 

It is a major scam and I suspect we will see improved regulation in the next few years.The way to protect yourself is to know the law better than the renter and exercise your right to verify.

-Help someone reach your level, even if it's just a phone call-Decide right then and there-"Proper physical exercise increases your chances for health.

Even if you don't buy, you will learn a lot by repeatedly going through the exercise.