He doesn't NEED to sell. There's nothing like a class taught by an instructor who knows what he's talking about. Summary MOST sellers accept Lease Options because their property is overpriced. MOST buyers seek Lease Options because they can't get a loan. The unqualified buyer contracts to purchase an overpriced property.
All hell breaks lose for everybody involved.
There's a good chance that the property doesn't appraise. Sometimes the buyers give up and lose their option money and rent credits. Rarely will sellers grant a one year extension so the buyers can get it together. I hate to have to be so negative, but these have been my experiences with Lease Options in the San Francisco Bay Area throughout the 90s. It's not impossible to structure a sensible lease option, I just rarely see it happen.