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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. In performing the foregoing
               activities, Genesis shall be subject to the direction of the
               Company and the Company shall have final approval of all final
               actions and agreements.

          (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 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 six percent (6%) 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 majority vote of the Board of Directors of
               the Company including a majority of the Company's Independent
               Directors.

          (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)  At all times while performing its obligations under this
               Agreement, Genesis shall be under the direction of the Company,
               its officers and/or Directors, who shall have final approval
               authority on all of Genesis' activities. Further, nothing in this
               Agreement is intended to vest in Genesis the responsibility for
               directing or performing the day-to-day business affairs of the
               Company, which shall at all times remain the obligation of the
               Company's officers and Directors as the case may be. The parties
               specifically intend that Genesis shall not be an "Advisor" of the
               Company as that term is defined in the NASAA Statement of Policy
               Regarding Real Estate Investment Trusts.

          (c)  If any provision of this Agreement is in conflict with any
               provision of the Company's Bylaws or Prospectus dated
               _________________, 2002, 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.

          (d)  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
__________, 2002.


                                       Gen-Net Lease Income Trust, Inc.


                                       By:
                                           -----------------------------------
                                           Jerry D. Bringard, President


                                       Genesis Financial Group, Inc.


                                       By:
                                           -----------------------------------
                                           D. James Barton, President

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