When you pay of the house off the deed is transferred to youYou could also use a Lease Option, but it's not a good idea to put money into a property you only have an option on.I personally like to go the CFD route here in Ontario because the closing costs are a bit lower.

I give people a time limit for accepting and lease signing and don't stop showing but this run of applicants made me tired. 

The current tenant/operator (two women) signed a 5 yrs lease 6 months ago.

Here it is, for $279,000 there are 3 laundromats, 2 of the properties are in the deal and the third has a lease for the next 5 years at $350 a MONTH!!!

Take over existing mortgages sub2 or control properties with lease options.

My bank lender needs 3 out of the 4 leases to fund the deal, it’s in a hot area so I’m confident I can actually fill the 3 empty and be at 100%.

Ask these guys who recommended master lease options if they ever done one. 

Our apartment lease is up in February 2019.

He provides the following:4 studio apartments @ $1,000 per month4 one-bedroom apartments @ $1,250 per month4 two-bedroom apartments @ $1,500 per month4 two-bedroom apartments @ $1,800 per monthProperty taxes, $40,000 per yearInsurance, $15,000 per yearWater and sewer, $12,500 per yearElectricity for common area lighting, $2,800 per year"You confirm the rents by examining the leases and you verify independently that the expenses are accurate as quoted."

After signing the lease, he and his girlfriend got married and caught the kitchen on fire, all in the same weekend.