Does this exercise makes sense, if I want to sell the property individually?

One of the aspects of purchasing that is most anxiety-inducing for investors is in doing a CMA and figuring out the After Repair Value of the property.

Design your option to be exercised after this happens.These same owners are also a great source to ask for seller financing after they see how you manage the property for a couple of years.Happy InvestingDerek Dombeck

The IRA would exercise the option when you sell or refinance, making a potentially nice return.Happy InvestingDerek Dombeck

DR and Lennar basically will only buy ready to build lots.. so I have a few larger projects in the works.. 92 lots and 164 lots.. that they swear ( pinky Swear) they will buy from me when I get them shovel ready.. 7 to 10 million dollar risk and they could say no if they don't like what the market is doing.. the 92 I am going to do if they don't buy it I will build it.. the 164 I have to flip or I will not exercise my option at walk away from about 250k in cash I Have in it presently.. but that's the land game .. big risk big reward.. if the 164 goes right I will make about 4 million on  the same 250k invested.. roll the dice right ???  

At closing with your new buyer, The IRA exercises the option simultaneously, thereby giving them 20% of the equity.

Your company gets their Option payment which is applied to the eventual purchase, but is forfeited is they don't exercise the option.

They lease and manage and if in a year or so they exercise the option then you can still at that point do a 1031.

Account Closed that comparing them seems like an exercise in futility.

i think most of our judges , save a couple, would throw that out unless the tenant also wanted to exercise the clause to end the lease.