You might think of taking a jog outside and, as you relax from the exercise, practice in your mind what you will say when you call these people.  

-enter into a lease with option, sublease the property during the lease period, exercise the option to buy, or-enter into a lease with option, live in the property for the term of the lease, exercise the option to buy?

So the numbers are real numbers on the first 8 and they are projected on the last 8 (but my projections have been pretty accurate to what the real numbers would be so I included them).My portion of the monthly cash flow created is 2064.74 plus 1340.82 (until I sell all of the second performing notes) so it is $3405.56 per month with about $152,358 invested which is about a 27% cash on cash return.All of these properties are on 5-year lease options which means that if all of the tenants exercise their option at the end of the 5 years (which statistically I know won’t happen, but if it does) I stand to have profited $665,800.84 among all 16 properties (this doesn’t include any profits that come to me from the second position notes that I am selling on some of these properties).

Some simple daily tasks include making my bed, 10 minute meditation, exercise etc, along with any real estate plans I have for the next day.

During the term of the lease you are given the ability to exercise your option to purchase for a previously agreed upon price.

The most important process in REI is the due diligence, so do it as an exercise even if the deal looks iffy.  

The lease was signed in 2006.In my lease, one clause is the option to renew: Lessee, shall have the option to extend the term of this Lease upon the same terms and conditions set forth herein for the following period(s): One term of two years at a new rent rate of $16.50/sqft and then ten terms of two years each under the same terms and conditions also to include a 3% COLA increase in non-mortgage related expenses in each successive year as a tenant"So rather than lock myself into a 7 year term, I can continue to just exercise my ten options of two year terms all the way through 2026.

And while it's true that if the buyer couldn't get a loan and was unable to exercise the option the rehabber would keep the option fee, that also would result in potential lost opportunities for the rehabber/seller (other potential buyers, possibly even willing to pay more), all while they continue to pay holding costs.

Or get an option agreement and then assign the option or don't exercise it.

Every escrow and property is different, but as long as the contingency is exercised in good faith, it is up to the buyer's discretion and approval for the most part.