Base Rent Triple Net Leases are generally longer term in nature, between 5 and 20 years of initial term with options equal to the initial term.

I'll jump in here with some actual usage data.I have 250 units on stayfi and have been running it for a couple of years now.I initially got it to simplify my wifi login process... 

It doesn't matter where that money came from initially. 

Initially investment for a 0.5 acre has climbed from $15,000 to $18,000, but still seems reasonable. 

So I'd rather it be a harder 2-3 month process on the initial start, then a drawn out 1 year process on the way out.Austin, and mainly the greater Austin, is building out faster than anticipated but this was always going to be the case here.

The seller was a foreign landlord who was behind on a few years of taxes, and the property was in C5 condition at the time of initial appraisal.

Termination right if STR no longer allowed, profit sharing, purchase option or ROFR, length of lease and lease options, how to handle major repairs, who pays initial investment in upgrading property, etc.P.S., this is also similar to co-working locations where the operator signs a master lease with the building owner and then rents out cubicles to individual customers.

There's all kinds of legal advice in here from nonlawyers but none of it matters if you need to initiate legal proceedings.

The initial rate was 9% fixed for 30 years.

Put your cards on the table after the initial review rather than tie up and waste an investor's time.