Definitely something to clarify upfront...If you’re replacing with another restaurant, it should be an easier transition since the setup is already in place.Your biggest risk is vacancy $450K/year is solid, but if you ever need a new tenant,  ensuring the lease rate is sustainable is key! 

I remain big on real estate because I love it and I'm taking a long view that our kids and theirs will benefit if we can lay a solid foundation.

I have much to learn, but I believe I have some solid foundations.

(My credit scores are solid.)Thank you in advance for any feedback.

If you're open to purchasing out of state and hiring a property manager, you can find solid single-family rentals in lower cost-of-living markets.

It sounds like you’ve got a solid plan and a great passion for real estate investing.

Solid advice!

Getting a property with a 3% mortgage that offered both equity appreciation and solid cash flow is what sparked my passion for real estate investing.

Really appreciate you sharing your experience, sounds like a solid deal with a great profit margin, especially considering you did 90% of the work yourself.

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