Meaning, your attorney really needs to nail all this down in a watertight agreement in order to avoid that the owner suddenly sees the gold himself.

I notice that I can feel down/discouraged for a day or two, and if I just ride it like a wave, I suddenly get new inspiration or an idea to try. 

There's a theory that the bronze age collapse several thousand years ago was caused by using something useful (bronze) as currency for a long time, and that thing that was the basis for currency suddenly being less useful (iron invented), leading to all the stores of wealth (bronze, or currency backed by bronze) plummeting in value, and a downward spiral from there.

You have to be ultra careful because with this length of time holding the property a lot of things can go wrong and the market can change temporarily for the worst due to weather, holidays spike in interest rates, sudden oversupply etc...

He was beaten by his previous owner and would cower when anyone yelled or made a sudden movement. 

So I own two properties currently (free and clear) and may be picking up a third soon, which I plan on paying for in full at closing.One of these properties I currently own is our house, the second is a warehouse (w/ 2 bays as a rental) and the very likely third property will also be a 2 bay warehouse rental.My wife and I would like to move into a new home somewhat soon, but this potential property came up all of a sudden and I can't see a reason to turn it down.So hypothetically, let's say we get this third property in a month and in 8 months we decide to go for the new home. 

So I own two properties currently (free and clear) and may be picking up a third soon, which I plan on paying for in full at closing.One of these properties I currently own is our house, the second is a warehouse (w/ 2 bays as a rental) and the very likely third property will also be a 2 bay warehouse rental.My wife and I would like to move into a new home somewhat soon, but this potential property came up all of a sudden and I can't see a reason to turn it down.So hypothetically, let's say we get this third property in a month and in 8 months we decide to go for the new home.

I don't understand why paying rent is suddenly a problem if you haven't raised the rent.Also, it sounds like they and their dog are destroying the place through neglect. 

I also fully understand that your broker and their ops manager do not see any problem with refi of a property where a purchase option is in place - and this may proceed without an issue, of which I certainly hope that it works out for you.Just be aware, I've encountered this exact situation where everyone said it was fine and even the underwriter expressed no concern when asked about it in advance - but just prior to closing it suddenly became an issue when they pulled title and saw the cloud.

When he did a less than professional job , suddenly your all upset.