Do I Understand The Process?

Hello, I've been doing more and more reading on the L/O process of purchasing as well as selling. I understand the concepts but I don't think I fully understand the whole process. Correct my information please... Locate a seller and he signs: Lease purchase agreement Limited power of attorney Optional (performance mortgage) I take this to the title company and also give them the buy escrow instructions. They record both the L/P agreement and performance mortgage for me. I find a tenant buyer. He signs: Lease option agreement Separate lease I take this to the title company and they hold onto it. 2 years later when the T/B is ready to buy, everyone meets at the title company. I close with the buyer, and the seller in a double closing... or I can assign the buyer the contract to purchase with the seller directly. Now I'm sure I'm missing a few steps or docs, or maybe I messed this whole thing up?