But, you will ikely have this happen, if not before he moves in, then after a few years when something happens and he decides not to exercise the option to buy.

You are looking for a win-win relationship, not just a futile arithmetic exercise based on splits of mythical commissions that haven't been earned.Only in real estate do complete beginners walk into job interviews armed to the teeth with "what's in it for me" questions for their employer.

Telling the landlord that you will exercise this option to Lease Option when you find a tenant.

* Tenant Buyers #1 Fear: What if I do not get a loan during my exercise period?

Hello all, this is how i spend my days(Phase 1 get my mind right)- Pray- Meditate - Exercise & go Jogging - Take a warm shower (while listening to relaxing music)- Eat a good breakfast(Phase 2 take care of business)- Check and respond to both my email and voicemail messages- Check to-do list, and complete any items due that day- Scan through that days top real estate news articles- Do a little networking through various real estate groups & forums (mainly for: education, finding deals, and building my connections) - Do at least one thing that day that normally makes me feel uneasy (I work on conquering my fears by doing them) (Phase 3 relax)- after all this, I put anything new on my to-do list to complete for the next day, then I either read a book, hang out with friends, watch a movie, or play video games.

I'm not sure who the "you" in "your course" is.The idea is that when your tenant buyer decides to exercise their option, you turn around and exercise yours.

It is time to exercise it.

., when the tenant buyer exercises their option), you would show a credit to the buyer and a debit for you for this $3500.

You don't say how much money you are paying for the options and what the liquidated damages are if you don't exercise your option.

You could either sell your option to the buyer for $8K, or you could exercise the option and then resell the property.