Perseverance is key....the whole keep a positive mind thinking of napolean hill is powerful...but you have to exercise common sense....that and creating a team to exploit a niche you know extremely well....become an expert in a specific area and gold nuggets will eventually come your way.

And you can look at lease 2 own but you will pay retail when you exercise the option.

To the best of my knowledge, notes on mortgages are valid until satisfied.Regarding your last sentence, the instrument that secures the repayment obligation with an interest in real property has a definite period within which it must be exercised in relation to the maturity date of the mortgage/DoT.

If the buyer doesn't "exercise the option" (that is, buy the property), they lose the option fee.

Germain Act of 1982 states that if the primary residence of the deceased is transferred to a relative as a result of the death and it becomes the primary residence of this relative than this does not qualify as a default in the sense that the bank is allowed to exercise the due on sale clause.

If I do choose to exercise this option and go the hard money rout, would you guys recommend me putting the house on a legal entity or just sign the title myself?

If they were already your tenant, there are specific laws about "landlord retaliation" when a landlord takes a negative action in response to a tenant exercising their rights.

Do you want to improve those figures, is there room to get the building to perform better I do not know what your goals are or if you are simply conducting an exercise on determining a valuation of your building from a financial stand point. 

More of an exercise on what not to do/allow in a virtual wholesale.

If they want to exercise their dog they can go to a dog park or buy a 30 foot horse lunge line to allow the dog freedom to run on while maintaining control of it at all times.