If franchisee goes out and you have to re-tenant  then you could have a cap rate drop for income and an erosion of equity position.If rent is a little above market but you have absolute guarantee from YUM brands a parent corp for example backed by over 10,000 stores then rent is likely to continue over the lease.

I wouldn't buy brand new and rent out a single family.

I'm brand new to Bigger Pockets and am local to a few of you.

Brand of paint?

Originally posted by @Crystal Em:Never tried it myself, but I like the idea of doing tile above a one-piece shower/tub surround in a rental.It gives you the option of going with a higher end/more expensive tile since you're using less than if you tile the whole surround, and it seems to be a "tenant proof" option since it's less likely to get dirty or damaged.Some examples: I'm a huge fan of the single piece tubs because there is no caulk that gets gross and needs to be replaced or grout that discolors.How much do you pay for single piece tubs, what brand, where, etc?

My name is Luke Bauer and I'm brand new to real estate.

Being that it's a tourist city, Brand Ambassadors frequent the city and theirs always flight crew passing through, I know it will be very busy.

laminate is less expensive and is more durable  some  of the go to brands are allure http://www.homedepot.com/p/TrafficMASTER-Allure-6-...but I have used laminate from as low as $1.25 sq ft  

I am developer/rehabber so I try to look for something I can add to or fully gut and put everything brand new.

I am brand new to the idea of using real estate as investment.