In that case though, you need to take an additional step and have the seller sign a termination of sales agreement document, and then the seller will enter into contract with the end buyer.

The monthly income she will receive over the next 8 years is more valuable to her than owning the property.The next no money down "option" I have begun to explore is to enter into long-term (5 year +) leases with owners of vacant properties.

From the questions you asked, it seems that you want your questions answered regarding your intentions to perform a cooperative lease-option aka wholesale lease-option.Basic steps of lease option:You enter a lease with a property-owner, there's a separate doc that grants the option to purchase after X months.

Is there language in the lease saying you need a tenant's permission to enter?

Landlord may enter the Leased Premises without prior noted in the event of an emergency such as, but not limited to the following: Fire, flooding, frozen water lines, natural disaster, or if, in Landlord’s reasonable estimation, a hazard involving life, health or safety exists or if the Leased Premises appear to have been abandoned by Tenant.

Do you think a lot of these strategic defaulters will be more cautious this time when re entering the market and look for smaller, cheaper homes.

Entered into a lease to purchase agreement with the new tenant .

This is exactly what I do myself when entering a new arena.

The money should be placed in a secure, non-risky mutual fund until Emma has some education and two solid years of working for the type of business she thinks she wants to enter.

Note, the 5 (five)-day execution is over on Tuesday, January 15, 2013 at midnight.YOU ARE HEREBY NOTIFIED that on Wednesday, January 16, 2013, at approximately 9:00 (AM) the Owner, Owner’s employees or Owner’s Agent, will enter the premises to take back possession.IF YOU HAVE NOT VACATED on Wednesday, January 16, 2013, at approximately 9:00 (AM).