With your background in finance you can start to sort out your comfort and enhance your criteria there.  

If so, what exit strategy would you exercise on this deal?

If they dont exercise the option in a couple of years you have made more money.   

When I bid a home I spend at least an hour with the investor to understand basic taste such as material grade, creative enhancement opportunities that may exist in the asset and desired time line.

That is $600 more per year or four years before you'd be paying more to exercise that option and it would not be worth it.

While I understand this is very clear in your mind and I doubt I'll convince you otherwise, I obviously don't see it the same way.It doesn't make it right or wrong but I've had tenants thank me for the option to exercise it.

If you take some of that money and invest in a degree ($50K at a state school, including room and board) or a technical certificate (some are only a few thousand and take less than a year), you're earning potential will be significantly enhanced.

If my buyer wants the property, I would exercise my option and sign a purchase and sale agreement with the original seller.

It primarily emphasizes exercise for physical renewal, prayer (meditation, yoga, etc.) and good reading for mental renewal.

The “insurance” is a refi, assuming the buyer is current on everything, you have to use their title company to close the loan, lender’s title insurance and other fees and likely caveats.EXCATLY Wayne:Coverage CriteriaIn order to obtain coverage protecting the Buyer from exercising of the Mortgage’s “Due On Sale” Clause through Equity Assurance, LLC for the existing unsatisfied mortgage in the transaction the following must be met:Mortgage must be current or brought current at the time of closing.All property tax (county, city, state, school, MUD, etc.) must be current or brought current at the time of closing.Property insurance must be current or brought current at the time of closing.Home Owners Associate (HOA) dues must be current or brought current at the time of closing.Closing must take place at Paradise Settlement Services, LLC d/b/a PSS Title.Title Insurance must be purchased from Paradise Settlement Services, LLC d/b/a PSS Title.From there website.. this is simply a refi and I suspect your paying up front for a refi that may never happen.nice money making gig..