•If there’s high competition (many active rentals in the area), you won’t be able to price at the top of the market since tenants will have plenty of options.3.

Definitely a strong location with great visibility and high foot traffic.Since it’s a NNN,  your expenses are minimal, but if LazyDog ever exits, buildout costs will depend on lease terms and the next tenant.

I put my location as New York since that is where I will be moving after college for work.

They will handle the collection and distribution of payments, amortization, escrow accounts, and any tax documentation. 

I think it will start to gentrify soon. 

Every city will have something that works, you just have to figure out what that combination is that will work best to fit your needs and goals. 

I'm reaching deep into my psychic thoughts… I see it… A majority of people who respond to this post will be real estate brokers… I can see it!

@Joe Michaels, What a lot of investors will do is to use the 1031 exchange as @Michael Plaks said, isto actually "acquire" additional depreciable basis. 

In fact there are quite a few sellers who will opt to go with a different buyer solely because they don't want to deal with the perceived headaches of a VA buyer underwriting process.

As far as the vacated tenant, I'd let them know that their deposit will be returned when the lease is legally over, assuming it is not used to satisfy missed rent.