They seem to be universally acceptable & something like 97% of contracts currently contain something to this affect.

Contains actually some other items, too:https://www.biggerpockets.com/forums/52/topics/77534-rehabbing-for-rental-propertiesSteve, I always forget about the the "related" section.

@Ally Ogar There is so much information contained within this site I cannot say enough about it.

@Wayne Igo The TREC contract form, which already contains an option provision in the form language. 

You may want to check out the Ohio Attorney General’s website as well.As far as the blank purchase and sale, and assignment documents that you offered to me to review, I believe that they fall well short of containing the required state and federal disclosures and could potentially expose you to unwanted and unnecessary liability.  

I love shipping container homes.

@Jeff Rabinowitz After reviewing the file upload procedures and T/Cs, I agree -- here it is courtesy of C & P:OPTION AGREEMENT FOR PURCHASE OF REAL PROPERTYTHIS OPTION AGREEMENT ("Agreement") made and entered into this ____ day of _________, 20__,by and between ______________________________________________________________________________,whose principal address is _____________________________________________________________________,hereinafter referred to as "Seller" and _________________________________________________________________________________________, hereinafter referred to as "Buyer": W I T N E S S E T H: WHEREAS, Seller is the fee simple owner of certain real property being, lying and situated in the County of ________________, State of ________________, such real property having the street address of:_____________________________________________________________________________________________WHEREAS, Buyer desires to procure an option to purchase the Premises upon the terms and provisions as hereinafter set forth; NOW, THEREFORE, for good and valuable consideration the receipt and sufficiency of which is hereby acknowledged by the parties hereto and for the mutual covenants contained herein, Seller and Buyer hereby agree as follows: 1.

Every single point 1-5 contains an incorrect assumption or error.I could elaborate and maybe will later, but first things first... stop the wheels on actual deals until you get a mentor/partner or research each of those issues fully.

I'd be interested to know if such a listing has been pre-complied already or not, as I imagine it would be an interesting read if it contains rationale for any ranking or grades given.

Carpet will not contain it- in fact it will make it 10x worse.Maybe if you have vinyl throughout- but just the thought of 3 animals in one of my units makes me shake my head.Never for me- I will limit my market, just like I don’t rent to smokers.