The pertinent piece for me is the right to cure every 12 month period in terms of getting better tenant compliance because their option fee is now at stake instead of just one month of deposit.What I realized that I need to adjust in my Excel model is that I would be entering a contract to sell the property now for an agreed upon value greater than current value.

@James Wachob - Oops, just looked at your profile and now see your business model. 

Dev, have you developed a business model on how you scaled your business?

We did not impressed the buyers and have extra charges for delivery and setup. + 500.00 Result: Between winnings and red flags, with extra expenses, it was a great deal.

Another great way to get ideas is to visit model homes.

This guy cleans your exact model in this video:https://www.youtube.com/watch?

Of course, nobody thinks they are over leveraged until there is a recession, when your model is stress tested, that is when you get to find out if you are over leveraged or not.

Though the business model has existing for many years, sites like CouchSurfer and AirBnB have lowered the barriers of entry.

No way I'm letting some random drive my model S.

My principal broker says wholesaling is too risky and doesn't fit their business model.