I tried calling my lawyer but he was too busy to respond.

If you only have insurance and own everything in your own name, when or if there's an accident on your property, you'll be a clear target for a lawyer looking to collect.Feel free to connect with me if you would like more information.

But it's just a landlord situation until the lease term is up.Definitely consult a lawyer for a rent to own contract.

I have a list of lawyers and lenders that I can refer you to here in Ohio.

You get to vet the deal/borrower/asset more closely, leverage a team of lawyers to draft the Note, bring on an unbiased Broker to get a BPO (vs an appraisal), and just overall negotiate the terms, returns, fees, points etc up front!

As my buddy quote to me "Thank god for the extension" they have there lawyers on standby to move swiftly on these high equity assets and unlike 2008 they have all the physical paper work to execute the foreclosure. so there will be no delayed stays in homes that people are paying and this investors have teams put together of contractors, property management and realtors. 

I'd humbly suggest you use the next few years to build a stellar team consisting of a top-notch accountant, real estate agent, and lawyer. 

I paid a lawyer $500 to draft mine first lease and then when BP published Ohio leases, I bought the BP lease & forms for $99 and it was MUCH more thorough than the one by the local lawyer.

I always tell people to get their lawyer to walk you through the first one in your area.

There was a rental agreement but the parents never paid rent.The owner hired a lawyer and tried to evict the parents.