The lease term(s) is the realtor conveying that anything over a year would be long term but that many lease options are available and that voucher holders are welcome to apply.

I want to set it up so that Quickbooks understands what I'm trying to convey, but I'm afraid that I'm missing a step and that it won't all be cohesive.

My wife and I joke about a listing that said "the bear does not convey." ie. no carved bear if you buy! 

@Kevin Eisentrout, When set up correctly as a stand alone option the transfer of burdens and benefits of ownership would convey after exercise when the property closed. 

(These aren't the exact terms used in Villani's book, but they convey the exact same concept.

When you present a client your analysis on a potential deal, (A) be VERY clear, clear to the extent of confirming they (the client) understands this disclosure, that (B) your analysis is ONLY to convey the data you were aware of on at time, in an EXAMPLE of an analysis, and NOT to be used as any direction of sole decision maker.

raw land can be tough to appraise but if you can find acreage with the same zoning, overlays, mineral conveyance, utilities, and near the same location- you can get pretty close to an average cost per acre.

Identify personal property that will NOT convey.16.

Hence, deed conveyance - special warranty or other. 

Is it a land contract or traditional mortgage and note.That’s what title company will ask so they can create the documentsIf you are the buyer then you absolutely do not want a land contract and want property conveyed to you with title insurance