I may have overstated the disappear aspect. She has family and friends in town, so I believe she will be around, and any where she moves will be in a community we are both members of.
At this point I would rather do the master lease, just because this would be my first deal as a principal in the transaction. ( and minimal out of pocket) ( I’ve read most of the subject to wrap docs, just having a hard time wrapping my head around it ( at this moment ) and what it will cost for the closing and filing )
( I would also like to include her on the upside when it sells )
For the master lease route, the form for the lease option would be written up and notorized, followed by a deed of trust to secure the option? Or am I wrong?
Thanks Jackie!