Otherwise, are there any alternatives which might protect me against the situation where a buyer may delay closing for a more than reasonable time after the contract date?

I read that as "I won't be able to find any more 8 cap deals to take advantage of artificially low values" (or, alternatively, "I can't afford to invest any more money at the 4 caps it's headed to so I'll need to find a new market")

Do to being far away from alternative housing solutions you may also experience less property deterioration and abandonment issues.  

They are looking for alternative investments.  

The house that has the well pressure tank also supplies the electric to the pump , if that tenant has their electric cut off , both buildings have no water . second , if there is a water treatment system that too is in the first house , who takes care of the chemicals.

With the construction boom of residential units in Old town Scottsdale, lower costs alternatives could become popular.  

Do you kn ow of an alternative?

I told him forget it.. not happening I am going the other way I am paying it off.. and just about there.. and I save for 2 years and ended up paying cash for the vegas place.. it all worked out. we move in next month for extended stays and tax treatment.

They called it redlining and it accelerated the RE bubble.If a person approaches you with a lease option alternative and they weren't able to explain it to so that you understood it, don't do it!

Joshua Johnson So, just to be clear, this is the midlife crisis alternative of buying a boat or a Mustang with rusty quarter-panels?