Buying Properties with 10 Year NN Corporate housing lease

[Robert Gonzalez]

Hello,

I recently came across some properties with a 10 year NN corporate housing lease. The landlord pays taxes yearly and that is it. The tenant pays a fixed rate every month for 10 years. The numbers seem like great cashflow and a solid long term hold. The rent is about 40% above market rate. 

Anyone purchase these kind of properties before? I have not dealt with properties with a tenant in place like this with the corporate housing group then leasing it out. 

Thoughts?