I accept personal check until the first one bounces.

I have bounced around three organizations and played the last five in triple A.  

I kicked out the squatter, made payment arrangements with the 2 non payers ( i made them write out post dated checks in advance for the past due rent and told them the first time a check bounced they were OUT.. all the checks cleared..

According to google analytics people are hanging around for many minutes so they're not bouncing, high repeat visits yet...lack of contact.

Also, there's a lot of moving parts to many probate deals and it's good to have someone to bounce things off.

They have the option and not the obligation to purchase with the option agreement.And like you and others said do not count their rent towards the purchase price, that makes it way to complicated and has larger ramifications.Not sure how to handle your other question of the renter bouncing out for 10 months and then coming back to purchase - I think if they do that they most likely have horrible finances and cannot qualify for a loan and actually follow through with the transaction.Good Luck!

To bounce off of what Gilbert is getting at, I understand the concept of getting together the $50k or so for the minimum down payment.

I think most have a network of people they can bounce ideas of off, and a willingness to soak up all the info they can (in places like BP).  

Lots of questions bouncing around in my head, sorry for the long post, but I would appreciate any feedback. 

Interest rates are bouncing around near 4.5% at 30 years.