- contract not notarized; covers your possession of property as a tenant2) option - contract to buy - also not notarized normally - usually shows all the terms of the future purchase: term, price of option itself, price of property at future purchase, financing, rent credits, last day to exercise the option (make the purchase), rights to extend the option (or more likely not without more money), etc.3) memorandum of option - YES notarized because you want it recorded (but the owner often doesn't because it shows his property is tied up by you).

It's actually quite common to begin the subd process prior to taking title.No, you wouldn't be able to compete the entire process and if you never exercised the option you will have gifted a lot of the entitlement process to the owner.I personally was able to begin the annexation process during the due diligence period on a deal and actually did a double close the day after the city approved it.

The agent is throwing is under the bus and asking why we just can't go in and physically throw the squatter out.

Second I have done over 40 lease options and have only had one exercise their option here in Clarksville.

I am a recent graduate from UNCW in Exercise Science with plans to continue to graduate school to secure a career that is a bit more recession-proof than real estate, just in case another 2020 level disaster should strike again.

This planted a seed in my mind of the concept of an income that isn’t directly attached to me being physically present somewhere.

My bachelor's is in psychology, my masters is in exercise science, and my current business is a small e-commerce business selling wellness products, but I want to learn BRRR!

If the cabinets are physically in good shape, sometimes the old cabinets are built better than you can buy new today.

My last JV this was how we set it up.50/50 dealPartner paid closing cost, hard money payments, holding costI got my crews, got materials, managed the whole project and physically also worked on the property.

So, you can absolutely exercise patience and not feel rushed while you take time to really hone in on an investment and company that gives you confidence.