Just remember to keep the two documents (lease and option) separate;  one should not refer to the other.Option fee should be non-refundable, however if you want to credit the option fee towards their down payment WHEN THEY BUY, you could structure it that way.Personally, I would be very careful about how you go about 'crediting' $xx of monthly rent towards their down payment. 

But the management company has sent me a 30 day notice document.

The only fall back is that I would not receive the payment instantly.

I actually came across this yesterday trying to register a new property per the old requirement and the site for registrations now directs you through a part that asks for inspection info and an upload of an inspection document. 

Upon receiving the title commitment, the property is in my seller's name, but there was a break in the chain of title from about 80 years ago.

I have received so much free education from peers involved in RE investing and though my practical experience is limited would like to start passing as much knowledge as I can.

The refinance process is just like a new loan.Go to the lender and fill out the application, provide documentation they require and they will give you a sheet with the estimated fees for funding and closing.

Here is the problem with "lists".I get calls all the time  from sellers that received a postcard through the mail, ... they googled houses for cash, and they found us!

You should check with a local attorney to draw up or proof read any documents you use.  

I am in the military and I recently received PCS orders from San Diego to Arlington, VA.