Master Lease on small to mid multifamily

[Tony Karns]

BP investor, I have been looking at a few small(5+) to mid (30+)  units and have come across something called a Master Lease. in the present research that I have conducted, the Master lease looks like a hit run for the investor. In these few deal the original investor has little to no management or maintenance cost as the tenant  covers all of these. Any one have experience dealing with these. What should I be looking for in these deals. What concerns should I have.

[Steve Vaughan]

Originally posted by @Tony Karns:

So Steve  I am also curious to find out why sell something that is more passive that what 99.9 of investors really achieve in their quest to create passive income.

Originally posted by @Steve Vaughan: a Master Lease- where you rent the entire place and sub-lease to others and hopefully collect a monthly spread.  You own nothing and are on the hook to make your payment to the lessor whether your subs don't pay or you have a vacancy

So Tony  already answered.  They aren't selling. You will own nothing but a job.  You will be working for a rent spread.