Are Apartment Building Master Lease Options Dead?

[Jeff Morelock]

After watching a few "pranks gone bad" videos on YouTube, I watched a video on Master Lease Options. Then I watched a couple more videos that turned out to be promotional ads from "gurus" selling a MLO course, or an "attorney approved" MLO agreement for $197.

Full Disclosure: I thought about buying an MLO course for $300, but figured I'd run it by the BP community first and hopefully instead.

Is anyone still using MLOs to gain control of apartment buildings? 

With the apartment building market as hot as it is right now, I think sellers would rather sell outright or with seller financing instead of accepting a MLO offer. What do you think?

Because of my marketing strategy, I run across apartment buildings I'd like to go after, but are (at the moment) too big and out of my price range.

If you currently use MLOs to gain control of apartment buildings in today's market (more specifically Florida) please reply.

Thanks for reading my post.