In the event Seller is unable with the exercise of due diligence to satisfy said objections within thirty days after said notice, Buyer may, at Buyers option: (i) extend the time period for Seller to satisfy said objections, (ii) accept title subject to the objections raised by Buyer, without an adjustment in the purchase price in which event said objections shall be deemed to be waived for all purposes, or (iii) rescind this Agreement, whereupon the deposit described herein shall be returned to Buyer and this Agreement shall be of no further force and effect.

I am going to try and not violate the rules yet answer your question.I wouldn't reinvent the wheel on this exercise. 

There is no standing for being 60 days delinquent and being able to exercise any type of foreclosure action.There are many other points I can pick on listed on their site but that is a waste of my time.From my vantage point, these folks do not have much of a clue of what they are talking about.  

There is nothing crazy about buying a $200k home for $175k(no agents) and selling it for 225k on a lease option and collecting on the spread by Option consideration, cash flow(not needed), and cash out when the end buyer exercises his/her option.

But now we're starting to see the projects mature and sell or re-sign leases so it's an interesting intellectual exercise to proforma a tic as a medium hold defensive investing position at the end of a bull market. 

There is an innate creativity in all of us that is exercised in various ways.

I wanted to prioritize (even though it’s a small sample) just for the exercise.

. * pay for incidentals from company funds, anything "ordinary and necessary" (this says if you made $1000 but had $250 of expenses, Uncle Sam only taxes you on $750 profit) * reimburse driving mileage (you can't go overboard and call your call a business vehicle until you've reached a large threshold of usage) * you can use your company's funds to pay your continued educational expenses BEFORE tax (there's a max $, check your state for differences in the law) * fund your IRA (check your state's laws, also) * elect when your tax year begins (if you choose to be taxed as a corporation; this loses other benefits; you'll also need a 2nd owner just to exercise this option)Anyone who dismisses and bemoans an LLC as just a pass-through entity has never stopped to understand its benefits.

It isn't really any different than what would happen in a LO arrangement when the tenant exercised their option and purchased.

Matt, I'm unclear on why highter interest rates, or for that matter, using land trusts, will cause lenders to exercise their due on sale clause more.