I'd like to minimize my risks.I suppose one might say the point of including the Lease contract along with the Option is so that the investor can pre-negotiate the favorably higher rent for rent credits/Seller's positive cash flow.

So please do yourself a favor and do a lot more searches before you start doing this or start looking for "investors".

It's up to you to be the smart investor to make the terms favorable to you.

Anytime you are looking at investing in real property, either commercial or residential, do yourself a favor and order a BPO!

Like Jeff S. stated 1-4 units have favorable loans available to them.

.- A favorable credit history.- Be employed and able to furnish adequate proof of the required income.- Good references, housekeeping, and property maintenance from your previous landlords.- No history of evictions or broken leases.- No criminal background.Is there a clause that I can add to indicate that preference will be given to the most favorable applicant as defined by the above criterion?

the thing i like about you is you've got some awesome ideas on this board. you have no idea how much stuff i've applied that you've suggest. maybe 1 day i can return the favor.

Situation (a) drove you to (b), meaning if this goes to court, it doesn't sound to be in your favor.

Favorable tax rates

The cards are in your favor and there is no reason why you can not recover in full including principal, interest and advances.