These sellers don't seem to want me locking them into anything at all, but of course I'll give it a shot when I know more.

Amazing device, I don't own one, but I used one for about a month.

I was never able to grasp the concept of locking your money up and not being able to take it back out until you reach the age of 59.5!

It is only the thought of being locked up that keeps most folks from acting out on their feelings.

I tried to vote for your post, but my button is locked.

I use a service (Premier Properties of the Triangle) with signage, centralized showing (a must IMO), and lock box service for just a couple hundred dollars.

I have not seen a "Rule" for the minimum COC return that would be acceptable.From here, if the property looks like a "deal" then I can make an offer to lock the property up, get the inspection done and do the real due diligence.

When I find a seller, how do I lock up the the property?

The mods must have locked it.

I suppose you could take it a step further and have the TB write out two checks a month, one for rent and one for the option note.You mentioned the fact that appreciation benefits the buyer because he/she is locking in a price today.