I have solid commercial leases, but I am interested in what landlords request of prospective commercial tenants to do the due diligence?

I am not sure if you are in an area where keeping the heat off could be a lease violation or you have that term in your lease.

There is no lease in anyway shape or form!

A local lawyer approved lease worked for the tenants I chose; I took in rents on Apartments.com.  

Hey @Devon Moore not sure where or why you'd lean towards a land lease unless that's standard for this developer.In my experience its difficult to capitalize deals with ground leases involved.  

Someone with a voucher may still want to lease your unit even if the rates are above market because they are not paying. 

Are you allowed to lease the unit?

I just had my first tenants move into my property on the 1st, when doing the final walkthrough I reminded them that there is no garbage disposal in the kitchen, I did mention this to them before they signed the lease.

I’d love to hear some perspectives from more experienced investors on what you think about the info below:$75k for a 5bd 3 ba manufactured home that rents out each room for $500/monthPros:Reliable tenant paymentsCheap purchase price relative to income generatedPotential for ~16% CoC ROICons:Long distance investment (requires property manager)Month-to-month leases per bedroom (& no deposits collected)Located in Utica, MS – not a thriving market for rentalsManufactured home – not sure this type of home will build equityUnsure what kind of tenants live here Hey Molly!

(They were leases with escalation clauses without a buyout option.)