At your stage in life, I’d recommend taking the time to familiarize yourself with a few target markets.Know the areas you want to invest in like the back of your hand, develop a due diligence checklist, and go through the exercise of evaluating deals (even if you’re not looking to buy a property yet).If you put in a bunch of reps before going through your first live deal, you’re far more likely to know what to look for—and what to avoid—when it comes time to buy.

Your downside risk is the stock price rockets to let's say $200, and you only get what your selling that option for, 158 + the 12.50 per share they pre-paid you = 170.50Upside risk, the stock only goes up to say 165, meaning it's a net loss for the holder (aka gambler) of that option contract to exercise it and you keep the 12.50 plus you keep your 8,900 shares, rinse & repeat selling yet another in-the-money covered call another 90-odd days out. 

If you have not done so already I would recommend reading Rich Dad Poor Dad, And doing the written exercises in the book Awaken the Giant Within.Good Luck!

However, Lender will not exercise this option if such exercise is prohibited by Applicable Law.I have no idea who Scott Horne is. ;-) But, he should actually read the Due on Sale clause before he passes on more bad information.  

The lease was for the seller's payments and the option was for the mortgage balance at the time of exercise.

FYI: this is all just a theoretical exercise to prove a point that "firing the PMC" won't solve an unsolveable problem with the property:)

To exercise patience.

It's a written lease (mine is 10 pages) that just renews monthly unless one party exercises the right to terminate (mine stipulates a 45 days notice from the end of the last month).

It’s certainly easy to develop poor habits; discipline is crucial when it comes to both exercising and managing finances.

I will accept the termination until 4/25 if you want to exercise this option, otherwise we will continue with the lease as planned."