In theory you could also recover 1/6th of the CAM costs, too, but in my very limited experience with mixed use, the first floor commercial could very well push back on that, since they very well may not be utilizing almost any of the common area, depending on building layout.CAM would come from any number of places, commonly:Cleaning and utilities for any common lobby.Window cleaning for the buildingParking lot maintenanceLandscapingCommon HVAC maintenance, i.e. if a single furnace heats multiple spacesUltimately, you will want to be talking with either a commercial leasing agent or an attorney that specializes on commercial leases.One thing to note, while NNN leases are generally great, there is certainly work for you on a semi consistent basis, in creating the monthly escrow amounts and annual reconciliation.  

I've had my ear against the door of REI for a few years now and I'm finally ready (within the next 12 months or so) to dive in.

That was a big red flag but ultimately it was the software licensing fee of $200 a month that was the final straw. 

  - 15 Days prior - Setup a time day to do final walkthrough and transfer keys. - Day of, change locks. 

@Sharma Parth City of Flint is losing population, so not a great place to invest:(Detroit on the other hand, has been growing for the last 5-6 years and finally the US Census Bureau recognized that (please Google to verify!).

The homeless man sleeping on my bleeding hearts 4 days ago was really the final straw.

Many other people looked at it and passed on it, which caused the lender to keep lowering their asking price, and even then we didn't offer asking price and started even lower than the price they finally accepted. 

I invest personally in multi-family, do off market direct to seller marketing, fix and flips and finally STR/MTR.

To be fair, in addition to buying all those houses over the last 3 years I also dealt with an eviction, $47.4K in capital expenses, insurance claims, building teams in my local markets, and all the other nonsense involved in this lovely industry.Anyway, I finally got around to putting together a complete general ledger and had the horrible realization that over the last two years (bank and credit card record limitation make it harder to go back farther)…….. between 2022 and 2023 I have been $17.5K cash flow negative on $171K expected rent !!!!!

. - Prices reflect this pain in office- Many high income earning millennials are, finally, moving to the suburbs.