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                                                                    EXHIBIT 10.2


                           OMNIBUS SERVICES AGREEMENT


         THIS AGREEMENT is entered into by and among Gen-Net Lease Income Trust,
Inc., a Michigan corporation (the "Company") and Genesis Financial Group, Inc.,
a Michigan corporation ("Genesis").

                               W I T N E S S E T H

         WHEREAS, the Company is offering shares of common stock to the public
pursuant to a registered prospectus (the "Prospectus");

         WHEREAS, the Prospectus provides that various services will be
furnished to the Company by Genesis and these services and the compensation
terms to be paid by the Company are generally described in the Prospectus; and

         WHEREAS, the parties have resolved to enter into this Agreement to
describe in greater detail the services to be provided and the terms of
compensation for such services.

         NOW THEREFORE, the parties covenant and agree as follows:

         1.  Property Acquisition Services.

             (a)  Genesis shall locate prospective acquisition properties for
                  the Company that meet the acquisition criteria established in
                  the Prospectus; investigate the purchase terms and all
                  material aspects and characteristics of the proposed
                  acquisition property; negotiate with the seller the proposed
                  acquisition terms; engage legal counsel; oversee preparation
                  of and review the purchase documentation and monitor the
                  closing for the purchased property to insure that all
                  acquisition terms are satisfied and that all acquisition
                  requirements set forth in the Prospectus have been met in all
                  material respects.

             (b)  The compensation to be received by Genesis shall be reasonable
                  and shall be payable only for services actually rendered
                  directly or indirectly and subject to the following
                  conditions:

                  (i)  The total of all such compensation paid to everyone
                       involved in the acquisition transaction by the Company
                       and/or any other person shall be deemed to be
                       presumptively reasonable if it does not exceed the lesser
                       of such compensation customarily charged in arm's length
                       transactions by others rendering similar circumstances as
                       an on-going public activity in the same geographical
                       location and for comparable property or an amount not to
                       exceed 3 percent of the property purchase price.

                  (ii) The limitations imposed above shall be complied with at
                       all times.


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             (c)  Within 30 days after completion of the last acquisition,
                  Genesis shall cause to be forwarded to the appropriate state
                  securities commissioners, including California, a schedule,
                  verified by a duly authorized officer under penalty of
                  perjury, reflecting:

                  (i)   each property acquisition made;

                  (ii)  the purchase price paid; and

                  (iii) the aggregate of all acquisition fees paid on each
                        transaction.

         2.  Property Disposition Services

             (a)  Genesis shall locate purchasers of the Company properties
                  pursuant to the disposition criteria established by the
                  Company; negotiate with the purchaser the proposed sale terms;
                  engage legal counsel; oversee preparation of sale
                  documentation and monitor the closing of the transaction. In
                  performing all of the foregoing activities, Genesis shall be
                  subject to the direction of the Company and the Company and
                  the Company shall have final approval of all final actions and
                  agreements.

             (b)  Genesis shall be entitled to receive, in the aggregate, a real
                  estate commission upon the sale of Company properties if it
                  provides substantial real estate brokerage services in
                  connection with such sale, provided the aggregate compensation
                  does not exceed an amount equal to a competitive real estate
                  commission but in any event not to exceed 5 percent of the
                  contract price for the sale of the property.

             (c)  The total commission paid to all persons for the sale of a
                  Company property shall be limited to an amount which does not
                  exceed a competitive real estate commission but in any event
                  not to exceed five percent (5%) of the contract price for the
                  sale of the property.

         3.  Administrative Services.

             (a)  Genesis or its affiliate may provide administrative services
                  to the Company necessary for its prudent operation, including
                  transfer agent support. Such services may include computer,
                  secretarial, correspondence, reception, copying, telecopying,
                  similar office functions and activities.

             (b)  For providing such services, Genesis shall be paid monthly a
                  fee of 3 percent of the gross rental revenues of the
                  properties, such fee to be reviewed and approved by a majority
                  of the Company's directors including a majority of its
                  Independent Directors prior to becoming effective. In no event
                  shall Genesis be paid a fee for its services which shall
                  exceed the price that would be charged by unaffiliated persons
                  rendering similar services in the same geographic location.
                  Genesis shall also be entitled to be reimbursed for its actual
                  out-of-pocket costs and expenses incurred on



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                  behalf of the Company in performing its services hereunder.
                  "Costs" may include an allocable share of the administrative
                  overhead expense incurred by Genesis or its affiliate in
                  furnishing the said services, provided that such overhead
                  allocation shall be verified according to the provisions set
                  forth in paragraph 3(e) above.

             (c)  In connection with providing such services Genesis represents
                  that it has currently the key staff personnel and can acquire
                  supporting staff personnel as may be necessary depending on
                  the number of Shareholders in the Company to provide the
                  services referred to in paragraph 3(a) above.

             (d)  Genesis further represents that it has previously engaged in
                  the business of rendering such services independently as an
                  ordinary and ongoing business on behalf of other affiliated
                  companies or partnerships.

             (e)  In connection with the annual report to investors the Company
                  shall cause its independent auditors to verify that general
                  and administrative overhead incurred by Genesis which is not
                  directly attributable to the rendering of services authorized
                  by this paragraph are not being charged to the Company. The
                  method of verification shall at a minimum provide:

                  (i)  a review of the time records of individual employees, the
                       cost of whose services were reimbursed; and

                  (ii) a review of the specific nature of the work performed by
                       each employee.

         4.  Property Management.

             (a)  The Company's properties will be managed by Genesis as is
                  necessary for the prudent operation of the Company's
                  properties. Presently, Genesis has an adequate staff to be
                  able to render such services to the Company which it utilizes
                  in the conduct of its business.

             (b)  Property management services will include providing leasing
                  services, assisting in negotiating leases, providing monthly
                  property reports, collecting, depositing and accounting for
                  rents, periodically verifying tenant payments of real estate
                  taxes and insurance premiums and periodic inspection of
                  properties and tenants' sales receipts records, where
                  applicable under the leases.

             (c)  For providing such services, Genesis shall be paid monthly a
                  fee of 3 percent of the gross rental revenues of the
                  properties, such fee to be reviewed and approved by a majority
                  of the Company's directors including a majority of its
                  Independent Directors prior to becoming effective. In no event
                  shall Genesis be paid a fee for its services which shall
                  exceed the price that would be charged by unaffiliated persons
                  rendering similar services in the same geographic location.
                  Genesis shall also be entitled to



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                  be reimbursed for its actual out-of-pocket costs and expenses
                  incurred on behalf of the Company in performing its services
                  hereunder. "Costs" may include an allocable share of the
                  administrative overhead expense incurred by Genesis or its
                  affiliate in furnishing the said services, provided that such
                  overhead allocation shall be verified according to the
                  provisions set forth in paragraph 3(e) above.

         5.  Sale of Goods.

                  Genesis agrees that under no circumstances will it or any
                  affiliate sell any goods to the Company. In the event that
                  Genesis or any Genesis affiliate acquires goods for the
                  Company for which it seeks reimbursement, such reimbursement
                  shall be for the actual cost of the goods acquired and only to
                  the extent used by the Company.

         6.  Contract Term, Amendment and Termination.

             (a)  This Agreement shall commence on the date it is signed by both
                  parties and continue for a period of 12 months thereafter. It
                  will automatically renew for successive 12 month periods
                  unless terminated pursuant to subparagraph (c) below.

             (b)  This Agreement shall not be amended or modified in any
                  material respect except by a vote of a majority in interest of
                  the Shareholders of the Company at a regular or special
                  meeting called for such purpose.

             (c)  This Agreement may be terminated by either party without
                  penalty on 60 days' prior written notice to the other party.

         7.  Miscellaneous.

             (a)  This Agreement shall be enforced and construed in accordance
                  with the laws of the State of Michigan.

             (b)  If any provision of this Agreement is in conflict with any
                  provision of the Company's Bylaws or Prospectus dated
                  _________________, 2001, or the blue sky rules applicable to
                  real estate programs, such provisions shall be null and void
                  and the remainder of the Agreement shall remain in full force
                  and effect.

             (c)  This Agreement shall terminate, unless terminated sooner by a
                  default hereunder or by other terms of the agreement, at such
                  time as the Company is liquidated and terminated pursuant to
                  the terms of the Company's Articles of Incorporation.



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         Entered into by and between the parties hereto as of the _____ day of
__________, 2001.


                               Gen-Net Lease Income Trust, Inc.



                               By:___________________________________
                                    Jerry D. Bringard, President



                              Genesis Financial Group, Inc.


                               By:___________________________________
                                    D. James Barton, President