I'll have to start thinking about how to promote that sort of deal.RE: FISBO - The only reason I'm contemplating this is that I could easily drop 40K off the price today (my built-in haggle room and his commission) and see if it picks up the showings any.

Its far away from me, though the promoter is local.

My weekends were miserable and felt bad for my wife and kids that my spirit was down.Through all this, I just had to step back and realize what my priorities in life are.1) Relationship with the Lord2) My health 3) My wife, and two boys.4) Business and money Back in Chicago... my business and making money was my 1st priority.

Furthermore, even after the president was told of the lead paint hazards and violations and cited by the New York City Department of Health with an Order to Abate the hazardous conditions, he still failed to maintain the apartment in a safe condition and allowed the peeling and chipping paint conditions to continue, resulting in a second Order to Abate from the New York City Department of Health 4 years later for additional lead paint violations.Does this sound like somebody maintaining their entity in a reasonable and responsible manner?

In our fund the GP dollars invested purchase A shares alongside the D (promoter) shares.

Protecting your family with proper insurance coverage is a critical component to your overall financial health.

Yes Tony a TRUE Triple Net the landlord will not pay those costs.Lately net lease companies especially credit rated tenants have been more demanding in trying to get the landlord to cover some costs.It is very important to look at the length of the lease and terms and escalations.With inflation if the rent increases every 5 years is marginal and they want you to take care of certain items with the property it can drastically reduce your returns.It's all about what returns you are seeking versus the security and consistency of the payment.Generally triple net will hover around the 6 to 9 CAP range but will not approach the teens in most situations.For those kind of returns you have to usually chase after value add deals but they are much more work than mail box money from a credit tenant.Credit tenants have risk which is why you also research heavily the health of the tenant today you are acquiring the lease and their growth plans for the future along with reserves.

Why 50 hours, trying for a promotion or is your company that demanding, or does that include commute time?

Is this an "E.H." promoted property by chance?

I am not self promoting, there is plenty of advice you can get right here on BP, I am only offering to help someone in need in the Christmas season.