Pretty incredible jump in value with little renovation costs. 

So in addition to the Option Consideration, what else might you do to keep them motivated to stay the course and complete the contract.

As it turned out the seller was motivated and the contract was signed yesterday,The house has issues.

You almost always find a fixer upper cheaper with renovation costs than a turnkey house.People pay a premium for turnkey.Add a motivated seller to the mix on a fixer upper and you can really make some money.

If you have submitted earnest money, expect to lose that money, thats your motivation to continue with the deal.

They need to be motivated to do business with you in order to trade some of their equity for speed and convenience.Good luck!

I'm working on locating motivated sellers and creating a buyers list, but wanted to have an investor friendly title company to work with in the area.

The person sounds pretty motivated.

Setting aside the cash for capital to apply towards your next acquisition will be motivating (as you watch it grow) and will also make it easier to plan. 

If buy and hold is the strategy you plan on doing, I’d suggest Brandon Turner’s book on rental property investing.For general mindset and motivation for passive income and real estate, Definitely read Rich Dad Poor Dad.