Let's also assume 4% appreciation and let's say 10% of the rent goes to capital expenditures and 1% consists of principal that will eventually go back into the investor's pocket. 

Jerrylls site style performance: The design style he created on top of the Carrot system consistently is in the top group of sites when we pull a list of the top 100 highest converting motivated house seller sites on our system. 

A) property has less equity as appreciation is consistently high than in any other area. 

I love the fair and consistent style of communicating around this.

Boy this is a hell of a shot in the dark…I was listening to a podcast several weeks ago…and the host/guest mentioned a book about building and scaling businesses. 

We need to decide on our consistent strategy and think this thread may have lead us to it.

If you can articulate this to them and get them to understand it you might have a shot but for your first management client it might be a bit aggressive. 

I wonder if tax's shot up because you lost your owner occ exemptions some state non owner occ tax's are 2X 3X higher than if you live in the property.. its one of those gothcas that happens in those states.

Shots fired!

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.