How do you protect yourself in a lease option transaction when you are the buyer ?

This is a complex transaction you may want help on from an expert. 

There were transactions that would close, and my LO/boss barely even spoke to the people (if at all), just me.

@Dilini Peiris I am not an attorney but I would want a signed addendum instead of just crossing out dates on an already signed contract. 

Best of luck.I think you are talking about Miller Beach, Beverly Shores is closer to the Michigan border and Michigan City 

A lot of times the KP position can be pretty transactional.

Fingers crossed! 

You can refinance the first trust and in the process of that transaction subordinate the second trust so it remains in second position.

@Ashley Cross thanks so much for your response!

@Dillon Hudson - It sounds like you are planning to start slowly - The best play is to buy something close so you can self manage - I would buy a house in the woodlands - opportunities pop up every day - get something small in Grogan's Mill, Panther Creek, or Cochran's Crossing - with interest rates where they are (for now) you can find decent cash flow with 20% down.