All white sheets. 70/30 poly cotton blend in a percale weave.

They are a 70/30 Cotton/Poly blend in a percale weave.

.) , road traffic counts, starting cap rate on purchase with blended cap rate over time, 1,3,5 mile population levels in a ring radius, median income households levels, income and population level growth trend's, crime stats,  is property on going to work side or going home side of road, when was property last re-imaged inside and out with the building, sightlines to property ( is it visually down in a hole or up on a hill which deters customers to patronize the business ) or is it nice and level and easily visible from the main road, parking ratio spaces for the parking lot is it ample or not enough for the tenants business model, any future road widening that would impact the parcel size of the property, access with how hard is it to get into the property such as a U-turn, does it have large back anchors for cross feeder daily traffic to the site, etc.All these things and more come into evaluating NNN properties.Hope it helps some.       

It looks to be a blend of owner finance deals and wholesaling with a huge sprinkle of good luck.

To answer the question directly, it’s a blend of both.

The objective is to blend into the rest of the neighborhood and not stand out like it does now. 

This results in reduced risk and blended performance across all the properties in the fund, and can also create the opportunity for compounding returns by reinvesting cash flow distributions back into the fund.With all that said, passive investors are exposed to both deal risk and sponsor risk.

For me personally, another Turnkey purchase would be a blend of great cashflow and a property that I am comfortable with (location, layout, etc).   

Including the owner/property mgr's estimate of condition and blend that with our own assumptions.

Or, the blended rate of a completely new cash out and paying it off the HELOCs may work.