By using a data-driven approach to all our property selection, staging, and pricing and occupancy metrics, along with an interview process with the owners, we have developed a great system for aligning with the right owners.

We have scheduled a meeting tomorrow with an real estate attorney to review the contract in depth and explore our options.Great community!!

While your at it, ask that lawyer for the missing section of your lease and have them review it immediately for other shortcomings.  

You should review the lease to find the language describing this situation.This can be a frustrating situation to be in as a landlord, but if your property garnered so much interest the first time, then you probably shouldn't have a problem renting it out again. 

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If you are doing much of anything else you are effectively brokering the sale of real property which is regulated in the US, i.e. you need a real estate license.As far as a real estate transaction goes, in brief:  get an offer accepted, enter and finish attorney review, now the property is "under contract" to sell, complete any due diligenence (e.g. inspections), get to closing...Since you are selling the Right to Purchase, you need to have a contract first. 

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*This link comes directly from our calculators, based on information input by the member who posted.HARTFORD, CT490K LISTING PRICE150K - 25% DOWN PAYMENT PLUS EXTRA (JUST IN CASE) VIA HEL...

In my scenario or question the cashflow metric will change a little due to the new mortgage amount (principal payment and interest).

Get a lawyer to review the contract to see what your options are.

That's why it's important to review those before the buy as well as budgets.