But it sounds like it is owned by an LLC and you are a 22% owner of that LLC. 

NOI is the line item left when ordinary expenses are taken out of income.

Now, for my fellow investors that have agents working for them on acquiring properties for y'all, what are some key tips or things that you would love to see us agents improve more upon or see us do better at when working with you guys?

Thank you.The BP documents are allegedly updated every year, but I've never been able to verify that.

@Rhys Griffiths if you want to explore the partnership arrangment, you should book some time with @Jaycee Greene.The other alternative: use a lender that does rehab financing (they lend purchase + rehab), there are dozens, and you can use your $30k for the 10-20% down they want => $150k-$300k.We do these all the time for our clients in Detroit. 

The question I would have is why are you interested in CRE?

They are national BUT so many of the NNNs are owned by franchisees.  

Couple of things which are critical to zero in on areas, cities and suburbs is the ability to hold an asset at net zero costs and YOY capital appreciation potential.

. : )Whoever you work with make sure they are experienced and know what they are doing.

we have two properties under agreement and both are $2M + and VA loans, which i was shocked they go that high, so yeah they are powerful.