Joe,Since you've done a bunch of lease-options, in reading up on the tax consequences, it appeared to me that there is the potential for lease-options to get complicated.

But the easiest way to protect the asset, and not complicated and costly like opening a corp.

Of those 10, 2 will be in a position to sell to me, the other 8 will need something more complicated, like a short sale or a sub 2.

Real estate is not complicated.

There is no HVAC vent heating or cooling the space - the previous occupants had a woodburning furnace to heat the space, but took it with them, and of course that's not a good solution for renters.It turns out the HVAC ducts are all in the attic and it would be pretty complicated to drop something down to the basement to heat the space.

im relying on my contract to do a lot for me as well. can i just write in the contract that the seller pays for the search with a clause that if any issues are found and not addressed before the contract end data the contract is void and does not renew. is that a good exit strategy or do i need something else to protect my self from deals that wont work out and unnecessary out of pocket expenses.

Land can be complicated ans there are often all kinds of restrictions like zoning or environmental as to what you can do with the land.

As far as some credential that you can put on your business card after your name, totally unnecessary. good luck - Ned

I probably got a little caught up in it and did the unnecessary.

Insurance is another issue.You can partner with the owner as well and you could partner in an LLC (more complicated with these, but there would be no money from you except for repairs).I listed these in order of preferrence that I would use.