The American system is designed for choice, FREE choice. 

You do your best to purchase wisely, execute a pre-meditated and well researched strategy, and let the compounding effect of time take over. 10 years from now, the purchase price being 5% above or below current market value won't matter.

Knowing that I had a 3-year prepayment penalty, I structured the lease option so that if the option is executed within 3 years, then the tenant buyer pays that fee for me. 

If you stick to American name brand units that are basic - no fancy sensors, doodads or anything else - W/Ds are surprisingly durable, even with renters.

@Elton Tate congratulations on executing on a property! 

A business model that has always made sense to me is teaching people how to find good deals and have them bring them to me for more critical evaluation and execution where I invest my capital beside yours.

This is what a rep from New American told me.

She is President of American DataSearch. https://www.americandatasearch.com/Tenant ScreeningThis screening provides you with all the pertinent information you need to make informed decisions about your residential or commercial tenants.

Does the promissory note and personal guaranty go to title or should I execute these outside of escrow?

It's not enough that your company serves the real estate industry, your actual duties should be directly related to real estate, as opposed to the typical executive responsibilities. 2.