Posted by Brad Crouch on April 10, 1999 at 12:23:58:
If you were to lease option a 10 unit apartment building, for example, the buyer would be the one collecting the rents and simply make payments to you on the whole shebang. No doubt a little less than he collected.
On a duplex, you might lease option to one of the present tenants. They would be expecting to exercise their option to buy the entire property and in the meantime would be collecting the rent from the other tennant
Just like a house.