We use a Memorandum of option.Once you stand back and look at what you are getting as a tenantlbuyer, there is very little difference between a Lease Option and a seller held mortgage or Agreement For Deed.

If you said "yes" then I think you stand a chance at winning the hustle game.Best to you - you have what it take already inside you!

Today I was standing behind a lady in the store and she was on her phone talking about titles and closings.

I have learned so much and have met so many stand up human beings here in just a few short months, I wanted to try out Pro for a year mostly to say a huge thanks to@Joshua Dorkin@Brandon Turner et. al. for what you do!  

Listing brokers are pushing puke pro-formas with rosy numbers based on a market to keep rising with strong rent growth and low expenses.Biggest thing I can't stand is from the big apartment listing brokers where they use TBD for pricing.

While they can also be free standing we learned to attach them to walls securely after one "walked" when a tenant moved.Window units "walking" upon tenants moving is another consideration although this hasn't happened yet. 

If you want to be in the RE business then you should be prepared to perform or you lose the deal real simple in my mind.The point is wholesalers other than the contract they have with a seller have no other standing in the transaction and if they don't close and their contract expires anyone can go direct to the seller.Obviously if one plans on doing business with a wholesaler this would be a one and done type thing. but then again many bandit signs or wholesalers are basically one an done type of business folks... 

First, what @Roy N. said. he is one of our most knowledgeable members.second, if you ever go with vinyl, there are a few complaints on the forum about dog pee "burning"/dissolving trough the glue/strip of glue used.paint, please choose something that can stand pets/scratches...

I think from a numbers stand point you have accounted for most items.

I believe it's a standard convention that the seller pays for title insurance as they are guaranteeing their standing to convey title to the property and that their ownership is unclouded.