I like longer leases on commercial with increases as well as triple net leases with percentage of the gross rent; we just did one in Baltimore at $8,000 a month and 4% of the gross rent; if business is good, we should be netting about $15,000 a month.

If you can still find a property in a great area that needs a lot of work and when you are done you have built in equity those could be a win.Owning low end rentals in average to suspect areas because they are cheap from afar is a recipe for disaster.If you are local and have a knack for dealing with bad areas and suspect tenants with lot's of issues ( most landlords do not have this ability ) then it might work.Another friend bought some for cash in Phoenix  many years ago and the values have doubled to tripled for what they paid.Bottom line many would say it's better to wait and find a great property in a great area then deploy cash and lock in mortgages an average properties in average areas just to buy something.

Triple checking my exit, I just found the bank that holds my accounts require I hold any property for 12 months before they will refi.

And it worked, my wife and tripled the limit on some of our cards.

Rents will be tripled after repairs are completed and will increase consistently in the years to follow.

Can anyone recommend a single tenant triple net lease fund that they are invested in?

That house looks like it needs a lot of work I would suggest to triple check your rehab numbers, hold time till completion and taxes.

I want to simplify my life.It needs a lot of work and I don't have time/energy for it.I'm getting old.I don't want to sell to someone who will kick out my tenants.I can't afford my mortgage any longer.I got a job transfer.I want to be near my kids/grand kids.The list goes on and on, but I've never once heard "I need $100K to get heart surgery/kidney replacement/triple bypass or I'm going to die!!!"

LLC gives you tax advantages if you set it up correctly and have a great CPA ... then your umbrella policy is tax deductible to the LLC as a business expense, along with your mileage, bills, your triple whip soy latte and many other things.

We would then get a new appraisal and refinance to a conventional loan with the acquired equity.Monthly rental rate: $1,400Using expenses of 8% vacancy (1 month), 10% of EGI (management fee), 2% of EGI (reserves), $100/month (repairs), insurance of $732/yr (quote from state farm) and real estate taxes of $3,440/year (just tripled this year but can't challenge until next year)This results in a NOI of $8,229 and a cap rate of 5.92%.Mortgage at 4.5% would be a month payment of $678/month ($8,147/year) which leaves a small cash on cash return of 1.64%.The numbers aren't great but I do believe this will be a high appreciation area in the next few years as more and more people move back closer to downtown in Atlanta.