@Jonny MorrisThis is how I approach BRRRR properties.Quick analysis:  Property must meet the 1% rule (rent to asking  price ratio)

If you want to talk real estate over pizza/burgers or bbq ribs sometime let me know.

He could survey a vacant lot where the proposed plant was to be built and using a slide ruler with a tape measure he could pinpoint within an inch the exact same location the licensed surveyors marked using their transits.  

If the biggest employer in town is Burger King then don’t buy there !

The Cascadia Investors Alliance - North-end meetup is this Monday 2/26 at the Marysville Bob's Burgers @ 7PM.

so how can a poor schmuck flipping burgers afford to live there?

You obviously didn't do your research about 7-Eleven my man... 7-Eleven isn't like a McDonalds or Burger King my man...

You should do the same - achieve excellence in where you are at with a firm vision of where you are going.Matthew 25:21 "Well done, thou good and faithful servant: thou hast been faithful over a few things, I will make thee ruler over many things"

With no offense intended to anyone's profession, I would much rather stay in my current job at my current pay than go to McDonald's and flip burgers for $1mil/year.

Basically, you buy a property and the tenant (something like a Burger King, Dollar General, etc.) pays everything (including taxes, insurance, all building/maintenance costs/etc) and you just collect rent on a long-term lease.