Your choice to sandwich or assign.

The Tenaya fire appears to be approximately 40 miles southeast of the property, so farther away perhaps, but the property is sandwiched in between those two fires.

The article asserts that the vacancy rate for Adams County apartments sandwiched between East Colfax Avenue to the south and I-70 to the north currently sits at an unheard of 0%, according to data collected by the Apartment Association of Metro Denver.No Vacancy? 

I coach lease options so here is the skinny on FLIf you want to do one or two lease-option assignments or  wholesaling lease options, you're probably not going to get a lot of complaints from realtors and brokers about brokering without a licenseThe big thing in Florida is advertising properties for lease option if you don't have title without a licenseYou want to act as a principal not as agent for or as an agent; with license you can act as a principal and not "agent for" the department of Florida real estate want you to be licensed if you're doing lease-option assignments even if you are a principalIn a sandwich, staying in the middle, if you can have 3 months reserves in case the tenant buyer does not pay and you have to evict, that is prudent.  

It is set up for a hot dog or sandwich shop and previously rented for 600 (way low for the space).

Then, sandwich lease it to an end-buyer for $399,900 with a $2,500/month lease payment with $500 going towards their down payment when they choose to execute their option.I am unsure if I am doing this correctly or if I am missing something.  

Can anybody give me some advice on sandwich lease options?

He specializes in wholesaling lease options, but he teaches "sandwich leases" as well. 

@Steve VaughanGreat comment on improving houses you don't have title with sandwich leasesGet on title with "subject to" and a note, no payments on note until the house is resoldOn minor rehabs consider doing a Joint venture with the seller by buying sub2, fixing with private money, reselling fast for a JV fee of $10kMerry Christmas to you Steve!

Now back to work...My impression of people doing sandwich lease options was that they were taking the option fee as payment.