The evaluation of markets, like the evaluation of stocks, involves judgment and each person will exercise judgment differently.

Predicting things this complicated is an exercise in futility.

I just put myself in their shoes: while it is a very emotional time, there are also practical needs to be met, and the PR is the chosen decision maker.

The "master tenant" is simply exercising his right to sublet to a sub-tenant.

I would not make a regular habit of this practice.

For all practical purposes, its the same job as a real estate agent.

Sometimes the chains are not all recorded and they sit in file, although that practice is less and less prevalent today.

Most lease options don't ever exercise their right to buy.

You could consider creating an LLC just for your management practices so if you do something then they go after your LLC first.Check with your insurance carrier before you do anything.

What is done in Texas may not work so well in Idaho or Maryland.After you are familiar with the rules, regs, lending rules and business practices, you can look at systems or programs as ideas to adopt, but at that time, you'll know what is bs and what might be helpful to you locally.