But the zoning also permits multi-family, straight commercial (service businesses, straight retail, or a mixed use combination of all.As for how it came about... we were looking for residential flip opportunities in the area and happened on this property the day a FSBO sign went up. 

The core question it seems is straight forward, so I am going to skip over some of the confusion of who is who and who is saying what and what they said.The lease option contract is treated like a rental agreement.  

If you can develop one that has some accuracy, you will be far ahead of the crowd.God Bless You!

good luck you have lots of years ahead of you to create a good foundation and team

If you can take the time to learn the market first, then you'll be prepared and ahead of the game. 

KyleWelcome to BP Kyle,Great choice of markets and you have a head start as you come from the area.Columbus has lots going for it.

But before I get ahead of myself, I have two questions that I feel are the most important in my current position. #1.

If they don't, you really have a battle ahead.

@Paul Clark I guess I need to find out if any schools offer night/weekend classes instead of a week straight.

I negotiate contracts for a living, if we are doing something "different', I write a contract and send it to attorney for review,,we work together to get something that accomplishes what I want, and still is legal and offers the protection he wants.If I am making very minor changes to that agreement I go ahead and make them (minor terms etc), but if any change is very complex, I run it back by the attorney.I have read and reviewed thousands of contracts in my life, and I very rarely miss anything, but I am not an attorney, and am constantly surprised by some small change an attorney will make that gives us better protection.If you didn't go to law school, don't play lawyer