One thing I forgot to mention in my rationale for much of my structure is to provide seamless access to everything between me and my partner.

Some folks like leverage and the benefits it has while others like the Dave Ramsey approach, or you can blend it and maintain low leverage.

Identifying, qualifying and executing transactions seamlessly while coordinating with seller, other brokers, title companies, lenders, managers, tenants, inspectors, contractors and appraisers is not dissimilar to conventional residential real estate transactions but the margins for error and the foresight to avoid or solve potential issues and overcome them is often the difference between a successful transaction/investment and a disappointment. 

Some investors will diversify between NNN and other more active type investments with more headache and risk to try and blend total yield upwards.

The average blended rate per square foot for climate controlled storage in the market is $23.32.  

Watch out, if the seller gets an equity payment and the buyer pays an existing note, you have a blended mortgage, that gets into advanced issues, use a second and simply state the total payment due.Your offer price - underlying mortgage amount that may be taken Subject-to = equity due the seller.

If you play your cards right, keep your over head super low, and save; you’ll be able to take your MLO or RE exam and transition more seamlessly after you have a few rentals paying the bills.

I am using and am  now actually affiliated with a Company Called PayClix  For online rent payments fir your renters or lot rents .You can check them out on line .They have an Exclusive Accept or Reject Technology So you are in total control of the Payments You can Reject a Partial Payment so you are not stuck for 30 days or have to deal with 3 day notices or start Evictions .They can Do Pet Fees ,Security Deposits ,Pay any Service technicians ,Golf memberships ETC.They connect to your Existing Accounting system for a seamless integration.And are in the Process of building a Module Specifically for Mobile Home Parks .I have Managed Mobile Home Parks for years and Am still woking with a Gentleman who buys and sells them  .

Sometimes hotels have smaller square footage rooms which could impact your ability to convert seamlessly

If you get a good opportunity on a property that is bland, or blends in with everything else and is low on the "unique" scale, consider making it a fully-furnished medium term rental.