Sound like you are on the right track.

I just got off the phone with the recorders office in the state of Ohio and they informed me that in order for the contract to be binding, legal, and recorded in the state of Ohio, it needs to be notarized both on my end (the seller) and the buyers end.

The things that seemed to influence the lenders is credit worthyness and proven track history of being able to perform to the expectations.

I never bougthered to keep track of the "BAD" buyers because there were too many.

The last 5 years I was a landlord I required my tenants to carry a Renter's policy.Make sure you have a GREAT LEASE, not something that you purchased off the rack at Office Depot.

People might say that bungee jumping is risky, it may be risky if your doing it off a shaky wood bridge by a drunk guy in mexico, but bungee jumping is really not risky at all when you are doing it at a place that does bungee jumping everyday and has a time tested track record.When you say something like bungee jumping is risky you are really saying that it puts fear in you to take a chance with someone else, or something else controlling whether or not you live or die.

I own the following units.one small metal construction warehouse 12000sqft single unit In a industrial ParkOne 33000sqft 3 story Office building brick with 17 Units in a downtown areaMy focus is on the the office building.

no good.i've never been involved in a lease option transaction, but i know this much:the transaction must be "recorded" - i guess that means at the county offices and/or definitely notarized.a deed is drawn up that states the sale of the property will take place on X and is contingent on blah blah blah [the buyer fulfilling the lease requirements].if they don't, they lose their consideration (money down).

What mortgage questions should I ask to the loan officer that is going to lend me the money ?

The section 8 office has bulletin boards with housing rentals and best of all it's free to list your property!