What I understand is that leasebacks are commercial leases and not freehold residential real estate stock, there is a limited market to this type of product and this will be reflected in resale price and what one can do with the property. Has anyone seen leaseback property be reconverted into normal freehold residential real estate.?

Nor me.

Good luck. Why not buy residential real estate with a guaranteed tenant in place and avoid all the possible problems with leaseback?

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