It's as if the tenant and the purchaser of the lease are two different people.Under this approach, they remain a tenant until such time as they exercise the option.  

Essentially, if you invest with the eyes of an underwriter and know how to assemble info about the deal (data-drive info, not smack: photos/video, sales comps, rental comps, cash flow summary in case you can't flip it, comprehensive rehab scope, security instrument samples and default steps for the lender to feel safe (define the worst-case scenario), your experience/bio, etc.  

. ;)Just a small sample of the cobwebs.

Personally I do not mind bringing business somewhere else, last year I bought 3,000 angle stops and 3,000 faucet SS hoses, sent them a sample/spec, HD sells them for $6-8/pc, supplier prices were $1-1.15/pc, spent another $.50-.60/pc on air cargo and etc.

I added a sample area and rated it C-, but that is there just for an example, with a made up description with nothing based on reality.Google Maps: Huntsville Area REICheck it out and everyone feel free to edit it if you are knowledgeable about specific areas.

There are always other techniques and strategies to use instead of being stuck in one mode only Since you are not familiar with a real estate option... here's a sample of one of many I have done: Most of my option deals where wholesale flips.

Actually, I did see one video course offered...but they gave a sample of it and I found the instructor very slow, so I dismissed it as an alternative.

Also, has anyone had experience exercising options in short sales, or is that a no-no?

Replace the damaged piece then get a small sample size of this special paint and color match up.

stop him as soon as possible and ask for a sample of the color and voice it before they go to far, if the is not the color you want it is cheeper for you to get there paint tented to make it the color you want if it is darker but try to stop them before the finish coat is on and ask for a sample a chip to see what it will look like and make sure the spec are on the contact .