This way out of a 5 year lease if they take a bath year 3 I have extracted maximum rent.In regards to NNN the leases it is true there is a base rent and then a CAM re-imbursement so they are essentially covering all the expenses.

You could have an attorney write a scare letter to try and extract what little money the previous tenant has now to settle it.

So I want to EXTRACT every single year the 2% rent increase as honestly I am just keeping pace with inflation.

If an investor is new the financing could take 6 to 7 months in some cases.I have had some companies tell me they would sell off market but wanted 4.5 caps and full value was extracted.

Extract yourself as cheaply as possible because you aren't going to get that money back.Don't beat yourself up over it, we've all had the tenant who didn't pay on time and we let slide a little.

Without extracting equity out, these markets would have cash flow far in excess of the cheap markets that initially had better cash flow but historically have rent increases that may not even keep up with inflation.In general, when property appreciates the rents increase. 

People are far more interested in the value and extracting what they can.

Sure, you might be able to extract more value from a condo conversion, but on the flip side you are taking a significant risk, as not you have to think about and cater to the buyer, which is very different then the clients you are current catering to.Just my 2 cents.

I would def say sell for another property and extract the entirety of your equity if the ROI on this property is going to drop below your target number and you can do better elsewhere. 

Figure out how to extract data from public records, if that's possible in your area.