Does anyone know if the fire sprinkler system will be needed if I simply rezone the basement as part of the first unit?

Then I discovered real estate syndications and true passive investing. 

If people want to visit the area and there are no airBNBs, they will simply stay at a hotel.

You can simply google NACA and find their website and information to learn more about it.

Costs and value engineering - are you able to discover opportunities for cost savings or time savings?

Simply put, another weak report would greatly increase expectations for a 0.50% Fed rate cut whereas a stronger report would all but guarantee a 0.25% cut.

If they do, they go to a higher level of care such as a nursing home (higher level of assistance with ADLs) or a Skilled Nursing Facility (called a SNIFF, where medical care is provided).The ALFs I'm working with are all running at 100% capacity and have waiting lists, because there are simply not enough beds.A sharp operator will find an unused municipal building - especially a school - and work with the town building department, code enforcement and fire inspector to get it up to code. 

@Alex Sarnoff, I will add to others, that there is a lot that should be covered in the hypothetical and legal world of NNN (even if they are absolute) but in the real world doesn't work.Whether is be national tenants with NNN carveouts and caps or local tenants who simply can't afford any unforeseen increases to their NNNs, you will always run into something.  

ONE many investors simply would never qualify for a loan from a Commercial / community bank and the full loan doc process..

The author shares a wild story about discovering his long-term tenant was secretly running an Airbnb out of his apartment.