@Laura Higgs I would recommend an established company-especially if you are new to the industry.

Case law is well established differentiation between a loan assumption, and a subject to purchase.Fraud can be charged if the purchaser has not fully disclosed intent and circumstance to the seller, as well as the other way around.  

Dollar Stores often instead of renewing the lease get sucked away to developers promising to build them Dollar Plus stores with upgraded construction for slight rental increases.Especially is absolute NNN lease the DG could jump ship to a brand new building and avoid tons of TI costs they are on the hook for with older building ( parking lot, roof, A/C, etc.)Professional tenants with thousands of locations tend not to be dummies.

Everyone’s fighting over the same urban scraps—overpriced lots, brutal zoning battles, and competition that’s through the roof.

Make sure to mention you are a BiggerPockets member as you special discounts on establishing Checkbook Control with the IRA LLC, along with personalized support.   

From there mechanical and large items are my first priority (water heater, HVAC, roof) - though an inspection gives us more information and those items can be used as great negotiation tools during your due diligence period. 

Licensed with permits ~$3,250.HWT standard gas single family low efficiency without exhaust retrofit $900.Sand and stain hardwood floors, natural stain $3 per sf.Paint interior walls, ceiling trim and doors 3 tone paint scheme 2 coats $3.20 per sf (floor area cost includes paint)Click lock LVT flooring install overlay inclusive of prep and quarter round $4.50 per sf (materials and labor)Asphalt roof installation 3/1 - 800 sf bungalow with 2 layers of shingles - ~$7,900Standard porch cap replacement with 2 new precast concrete steps ~$2,500Used stove or refrigerator delivery and install $350New stove or refrigerator delivery and install $HD model specificUse this as a general guideline. 

11 - What type of roof will you be building?

I’ll also call code enforcement and check the county records just to see when things like roof/hvac have been done/permitted. 

Complete New Roof, new MEP systems, new drywalls, new floors, everything new Lessons learned?