I don't know anything much about real estate, nor have the money at the moment.

I am assuming you know it will lose money most likely?

Warning:If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress...You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture.Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.

It won't take much money to purchase something that makes sense.Use the remaining money to invest long-distance.

We hate to call it "hard money".

Is the real advantage to anyone owning NNN to get a relatively secure return on money whilst not having to deal with headaches of property ownership? 

Right on the money.

Currently reading Investing in Real Estate with No and Low Money Down and Im apart of a Real Estate conference call every monday.

  $3000 sounds pretty high to me for the area.Downside is you're renting to someone who can't pay rent...and has money challenges. 

: Patience💡 What upgrades are actually worth the money right now?