Haven't been called Billy for about 40 years, LOL.My last comment was to the legal standards of what an option is, by it's nature it is an agreement to sell at a certain price over a given term without any requirement of the optionee (buyer) to perform in any respect.

I assume that these liens will become the responsibility of a prospective high bidder due to their government/tax nature?

Its the nature of the beast, they go really low to win business, then adjust up to stop losing money once the claims come in.

(naturally I will pass my supplier discounts through).

Because duplexes by nature are NOT "single" family homes.

Granted, it has been a very volatile period for REITs during this time.I wasn't implying stocks are always more volatile than real estate in general as this is not necessarily the case as you said, especially if you use 100% financing or a large amount of leverage or invest in a real estate asset class that is more speculative in nature.

This wold be very informal and collaborative in nature with no gurus or sales pitches.

`The landlord pays for natural gas, water and sewer.

.- It is human nature that we will not buy from people we do not like and do not trust.

Doesn't look like a LO contract will work for this seller anyway, but I'm wondering if there is a legal way to charge an additional 30% without changing the nature of the rental into a purchase?