If your risk tolerance or personality does not fit a landlording mentality, then first decide whether the steps needed to be successful in business are your strengths before deciding to spend any money with aspirations of being a successful flipper, rehabber or papa murphys franchisee.Learn first about being a business man/woman first, then make decisions based on your expertise's to decide what business you want to be in before taking the steps.Good luck in your next venture.Mike[i]Steady Plodding brings prosperity, hasty speculation brings poverty...To be a successful investor, you must spend less than you make and then save and invest the rest for a long long time.

Unless there's a signature ON THE LEASE, papa is not a tenant. 

In PBC, it's papa.  

@Darryl Schott Nothing wrong with following Papa Dave's baby steps.

Jeff- Do you know if this is papa or jr.?

These places do well because they have extensive training programs aimed at providing a baseline for success.Having said that, I hear Papa John's is virtually giving away franchises at the moment so it's a worthwhile consideration.

But, not just with individual citizens, but with big business also...Take a look at the recent press around Papa John's founder John Schnatter.

@John Papa I'm an Erie resident as well.

Guy orders a Papa John's Pizza to his grandmas house to check on her after hurricane. http://www.upi.com/Odd_News/2016/10/12/Man-orders-pizza-to-Florida-grandmothers-house-to-check-on-her-post-hurricane/3211476299184/

For example this is a case number i found of an old neighbor's house, 502013CA009746XXXXMB found on PAPA.