Under ideal circumstances they will undoubtedly be a big improvement over last-minute changes to a HUD-1 and to mortgage documents at the closing table.But there’s a catch – when certain changes to closing documents become necessary after August 1, 2015 another 3-day waiting period kicks-in.Closings that drag on for several hours are one thing, but closings delayed by 3 days, and possibly another 3 days, and yet another 3 days… that’s another thing entirely.Delayed closings invariably lead to more calculation and documentation changes, which lead to more delayed closings, etc.To understand how the new law changes the buying and selling of real estate all over America, take a look at the new disclosure forms.

Ideally, I should have put in the term Orlando somewhere in the title or the post.

The appeal of a lease option, is ideally selling it to the first tenant so that I don't have to worry as much about them moving out and having to touch up paint, clean or replace carpet etc as well as market it vacant vs cash flowing.Is this actually a bad idea?  

I also recall seeing a guy with video on YouTube about it so you could search there and probably come up with some good stuff.

Ideally you'd be able to find an ugly, but not beat up, place in an up and coming neighborhood.  

It's not ideal because once a lender files the NOD there will be additional fees.  

Picket fence would be ideal with some colorful flowers.  

I think your idealization is likely unconnected to reality. 

I understand you can ask the title company to run a preliminary title search but I'd ideally like a way to efficiently scan the marketplace and sort out those properties with no current mortgage.  

AskBP has short video/podcast clips, 10 mins or less answering different investing questions.