Here Are The List Of Steps And Documents That I Use:Check List Buying Real Estate With Lease Options.1.Optioned Property Information Worksheet, 2.Optionor/Seller's Property Disclosure Statement, 3.Standard Real Estate Lease Agreement, 4.Option To Purchase Real Estate Agreement, 5.Real Estate Optionor/Seller’s Affidavit, 6.Notice Of Real Estate Option Agreement, .Checklist Selling Real Estate With Lease OptionUse When You Are Optioning To Sell And You Are The Seller1.Have Each Applicant Complete “Application For Lease/Option†To Be Submitted With Reservation Check And Photo Copies Of Identification, Social Security Card, Pay Check Stub And Last Years W-2 Form. 2.Complete “Application Receipt Agreementâ€, 3.Confirm Information On Application And Pull Credit Report. 4.Verify Funds In Account And Deposit Reservation Money Check. 5.Prepare And Execute “Standard Real Estate Rental Agreement†6.“Move-In/Move-Out Inspection Report†7.Prepare And Execute “Real Estate Option Agreement†8.Mark Your Calendar For A Date Before Which The Option Must Be Exercised And Write A Letter Or Call To Remind Optionee/Buyer Of The Timing In Order To Insure That The Date Does Not Pass Unnoticed. 9.Upon The Receipt Of Buyer's “Notice Of Intent To Exercise Real Estate Option†Within The Time And In The Manner Allowed Under The “Real Estate Option Agreementâ€, Then; Prepare And Execute Standard Real Estate Purchase And Sale Agreementâ€10.Follow Standard Procedures For Closing The Sale. 11.If Extending Option Term, Prepare And Execute “Extension Of Option To Purchase Real Estate Agreementâ€Now those are some of the documents and steps that I would use.

All dogs must be vaccinated and include a statement of breed by the vet."

If you believe that statement is unsubstantiated, provide a source.

Currently I don't have the two year income statements to go with a traditional lender anyways.

Ask for tax returns, bills, and financial statements to support his costs.

Scott, After thinking on this one a bit, the part of your statement that I am quoting has me confused.

Bring any written statements fromother property owners who can't attend with carports stating there opinion of the convent.

You have two options...consider it a cash deal (in which case you won't have a financing contingency) and have the guy provide a bank statement as POF.Or consider it a financed deal, have the guy provide a pre-approval letter (on company letterhead), have a financing contingency, and just treat it like any other loan you might be getting.

No one has a right to recieve anything for free.As far as your last statement you are confusing two things together. the PBS (public broadcast system) is a special interest group that wants everyone to believe and recieve what they have to say as truth, when so much of it has been proven false over time.

If anybody can suggest (or delete) other points I'd be grateful.This is really for 1-4 unit residential properties.Pre-Buy Checklist1) Demographics, ages, percentage of renters to home owners, incomes, type of jobs, type of renters2) Job centers, taxes, services, fiscal solvency, construction, renovation, land use laws, civic pride, gentrification3) Sales and rents trends, cap rates 4) Transportation, freeways, congestion, public5) Vacancy rates6) Property taxes, utilities increases, growth corridors, nearby office construction, replacement costs compare to new construction, 7) Growth in jobs, economic base, and population8) Weather patterns, natural disasters9) Building: architectural styles, materials, purpose built or conversions10) Established rental management companiesPurchase Checklist1) Inspections: property inspector, structural engineer, pest control expert2) seller disclosure statement, 3) statement of income and expenses, sellers IRS Schedule E4) Lot size and value5) Verify code compliance6) deferred maintenance7) space, view, natural light, noise8) Personal property & fixtures9) All co-owners present10) Site boundaries 11) Improvements 12) Clear title13) Deposit conditions14) Condition of property15) Escrow credit for repairs, 16) pre-closing casualty losses 17) Settlement costs18) Dates of closing and possession19) Tenants leases and rental info and their property20) Contingency clauses, environ, hazards21) Insurance22) Read all leases, check for rents levels, concessions (one month free rent etc), who pays utilities, yard care, snow removal, furniture and appliances, duration of leases, security deposits. 23) Ask tenants to confirm their terms of lease.