Keep doing the exercise of running the numbers.

Don’t advertise the option price upfrontYou’re right, almost nobody posts it publicly.Not because it’s a secret, but because:You need to confirm they can actually qualify to exercise the optionYou need to verify their timeline + income + creditYou want the flexibility to adjust the strike price based on market data at the time they’re screenedThe proper flow is:Advertise it as “Rent-to-Own / Lease Option”Screen them like a normal tenant (income, background, rental history)Once approved, then present the option structure, option fee, strike price, and timelineIf you share it too early, you get tire-kickers who want an option fee refund when they get denied.

I have had tenants take both options, but the only time when the tenant exercised the two months option that took me more than 2 months to fill was a Dec vacancy.  

You must exercise your Option before or when the person you sell to exercises their Option or pays you off.

However, we have the 2nd amendment, the right to bear arms, and a lot of people exercise that right.

What matters is understanding the full context and details, and, of course, exercising extra caution.

***My Out of Pocket $36,909.07Option Fee To Me $20,000.00My Adjusted Out of Pocket $16,909.07******My Cash Flow * $ 982.00 monthly**So, I sold it for $20,000 more than street value, I get tax write offs, I got $20,000 back immediately as an Option fee, I cash flow at $982.00 a month and if they exercise their Option, I’ll get $146,854.63 (minus the $20,000 Option fee) equals $126,854.63 cash along with any pay down during their Option period.

It's a math exercise. 

That said, I know that is going to over a year to get necessary approvals and want to stress test a Minimum Viable Product exercise in case the redevelopment doesn't pay off. 

***My Out of Pocket $36,909.07Option Fee To Me $20,000.00My Adjusted Out of Pocket $16,909.07******My Cash Flow * $ 982.00 monthly**So, I sold it for $20,000 more than street value, I get tax write offs, I got $20,000 back immediately as an Option fee, I cash flow at $982.00 a month and if they exercise their Option, I’ll get $146,854.63 (minus the $20,000 Option fee) equals $126,854.63 cash along with any pay down during their Option period.