@Dylan TannerThere's a casual sit down eating place here, national chain who has a 10 year lease, no option for renewal.

A good option agreement has every word of a purchase agreement without the default matters related to performance and sets a date to notice of taking the option and a date estimated to close, such as 30 days from date on notice.

A good buyer is one that performs the transaction in a timely manner.

I can't perform my own calcs to see what percentage of annual expenses they are claiming.Sometimes when I call it is really laughable like 28% or something.

Plus, when we sell our rented units off, we do so with a 3-year warranty on all of the work we performed.

The reason I would like a 2nd as opposed to joining the title is because I want the opportunity to foreclose on that second (paying off the 1st) after 6 months if contractor doesn't perform as expected.

This one may be an exception, but the ones I have seen so far have been landlords trying to dump non-performers off on some sucker at an inflated priceThe area is great for SFRs.

That's not prudent, especially for a non or poor performing asset.

Another buyer might have a different strategy in mind where they see current non-performing value at 1.2 million EURO.

Greg,I know cap rate is an important measure on how a property performs.