Saika  While a permit is a hassle, what happens if there was a fire, it burned down, someone got killed and the fire department was not even aware the unpermitted structure existed.

In the end someone who thought my tenant fully owned the property decided to burn it down for him.

Maybe it's burned to the ground.

The loan officer was aware borrowers planned to use it as a portfolio rental so the only thing this "special loan" would accomplish is burning the relationship. 

Analyze well so you don’t get burned.

The presale of new construction is completely gone because too many investors got burned when builders promised 12 month builds and took 2 years to complete - the interest killed them. 

How much "fat" do you believe still exists within that? 

I say we skip the fines and just burn them at the stake, then leave the bodies on pikes as warnings for those to come 🤣🤣🤣

Marketing material from commercial brokers in all 50 states, for all sorts of NNN, isn't useful, and you aren't going to really get insights until you narrow your focus a bit.Starbuck is a nice easy thing to watch b/c they are all over and, since Americans have largely replaced their trans fat addition (McDonalds, Burger King) with a sugary caffeine addition (Starbucks), it's likely going to do well for a few decades. 

Reputation and referrals matter.I invest out of state, and I’ve been burned by bad contractors before—it’s a fast way to lose money.