This property is gonna cash flow over $1000 a month after we're all said and done with utilities mortgage and more.

Tenant handles all utilities and lawncare.

I need to source the data myself, run the numbers, check the calculations, eventually build my own custom spreadsheet etc. 

I'm passionate about real estate and how utilizing this asset class can enable me to build generational wealth and retire early.

This way you can utilize the leverage if you plan to scale up in the future.

It is what is left after snow removal, cutting the grass, utilities, tenant issues, parking lot issues, property taxes, mortgage payment, etc. that make a difference.

Many commercial leases have custom clauses. 

@Will Almand this sounds like a very useful case for cost segregation especially if you can utilize the depreciation expenses against your income.

It's also why we see customers get burned.Illegal or not, unlicensed contractors here in CA undermine the industry.

My thinking is that by renting to a residential care facility I can effectively utilize all the space, earn above market rent, and help provide a needed service, while avoiding tenant parking jams.