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Updated over 9 years ago,

User Stats

254
Posts
273
Votes
Daniel Chang
  • Professional
  • Riverside, CA
273
Votes |
254
Posts

NNN Absentee/out of state investing

Daniel Chang
  • Professional
  • Riverside, CA
Posted

Hoping @Joel Owens or someone more experienced in Triple nets can answer.

If looking to invest in an out of state, NNN single corporate lease 10+ years (ie Family Dollar, Starbucks, etc.), how important is it to do actual physical due diligence? I'm not talking about market conditions, financials, comps, etc. I'm talking about having contractors inspect the roof, HVAC, foundation, etc.

I know the best answer is to always do this in case the tenant goes dark.  I'm not looking for the best answer.  I'm looking for the practical, general investor experience answer.  

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