A Sub2 and Lease Option are vastly different.So first a lease option is a lease like any standard lease; "I rent property XX for $XX/mo" and an option; "I have the right to buy property XX for $XXX".

In my area, dishwasher is standard, so I provide it and will likely continue doing so as I definitely wouldn't rent a home without one.  

They will continue to be used so long as there are investors who purchase them and do not demand a higher standard of instrument such as a mortgage or deed of trust properly executed, recorded and maintained.  

The standard Texas association of realtor lease has specific wording in there about both scenarios.  

Often a private lender will have their own attorney or standard not that they would prefer to use since they know what it contains.It sounds as if you are trying to just create your own note on the properties?

Title Exam - This goes hand in hand with processing a foreclosure action since all parties on title would need to be served.Certified Mailing Fees - Standard fees.  

Now if the loan feel out somewhere else or if the house wasn't up to fannie, fha, va, usda or freddies standards it should be addressed in the sales contract. 

So like this case with this property, it may be completely standard and totally a Cleveland thing that has issues with utilities and/or construction times, etc. and if that were the case, you'd have bounced preemptively.

It's an exception in the Title Insurance policy, not Title itself, and becomes irrelevant when no longer occupied. .No need to clear all the standard exceptions for a title policy.

We believe that the COC gives a better "apples to apples" comparison for cashflow investors because: Cash flow for any property can easily be calculated using standard income and expense assumptions.For cash purchases, there will be no mortgage principal paydown since no mortgage exists.