If you are talking about college students, if they can't make a 1 mile walk they need to get a life and exercise. ;-)It isn't a problem.

If IRS does not exercise its redemption right within the 120 days it will automatically expire.https://www.avvo.com/legal-ans... 

A guess the silver lining here is (hopefully) this makes it easier to exercise your constitutional rights as a property owner and regain possession of your asset.  

Then I put together a lease option for $50,000 more than what I bought it for, where I got a $25,000 option fee, $25,000 more to be paid when the option is exercised and a payment at 8% interest which gives me a positive cash flow of $900 per month. 

From the DRE of CA I got this advisory this morning.Law enforcement agencies and District Attorney offices around California are reporting a sharp increase in real estate fraud involving identity theft and the sale of vacant land and unencumbered property.All real estate agents must exercise due diligence to verify the owner of a property before accepting a listing.

If they don’t exercise their Option, I’ll do another Lease Option.That’s why you need money to do Subject To, the right way, wisely & legally.If you would like a copy of the spreadsheet so you can calculate your potential profit when you do Subject Tos, and how much money you should be working with, send me a DM with your email address (don’t post it here, that’s crazy to do ;-) ) and I’ll send you the spread sheet.

An appraisal is a lender requirement and isn't completed until the option is exercised, typically. 

If you take 6 minutes you failed the exercise.  

If fear exists than bravery exists, exercise your bravery muscles and you will either learn a ton or make money or both. 

The proof of the unintended negative effects on the housing market is left as an exercise for the reader.