If you do it correctly, you don't even need to sand it.On another note, I also do the same with the all the hardwood trims.

Raymond,You are certainly correct.

I highly recommend to pay the bucks to a good real estate attorney to draw this up correctly for you.

You are all correct!

I am fairly new but what i have so far in my learning is that u can pretty much find comps anywhere but that doesn't mean there actuate, and as far as estimating in some book and programs they tell u to pick a number, for example what i have learned is that depending apon the shape of the house going from ugly to real ugly to junk 10,000, 20,000, to 25000 and also depending apon the size needing to be in the area of 1000 to 2000 square feet then to take these unreliable number in to this formula ARVx70%-repairs = MAO and back off slightly for profit now like i said i am new so ,but i do know this is complelely dumb for me use do gurus bring your answers and add your knowledge or subtract from this and tell us newbies how to correctly run the numbers and come up with offer that guarantees u money even if u have to flip the deal over to and end user of course that is if it sales lol...

I think it would also be another good learning tool to work with someone in that manner.

Lease Options are indeed a great tool, however, it is still a lease and if a person takes care of a home is up to the tenant.

And Jason I like your concept on the Attorney you are correct keep the agreement simply understood but complete and precise.

Correction: FDIChttp://www.fdic.gov/bank/individual/failed/silverstate.html On September 5, 2008, Silver State Bank, Henderson, NV was closed by the Nevada Financial Institutions Division and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

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