If I can't hit the 1% rule on a real estate deal then it's not worth my time given my experience and options in the equities markets.

Seems like many of the apartment syndicators moved to ATMs, then Car Washes, now pitching Oil and Gas Drilling programs.Who can comment if these are hitting their numbers?

On the other hand, what if you get hit with a slow year and have $0 profit?

It’s hit and miss, really need to deeply understand what they offer, if they will work for you or against you, whether they sign the lease or you (I prefer me, to reduce that lock jn). 

Sure you could hit a grand slam , once or twice in your life , but constant base hits bring in the same amount of runs on a steady basis 

As an investment this is a great hit.  

Obviously with notable exception like the crash of 2008 that hit nationally. 

I think it's going to be location specific for sure; where I am very few people hang out in the house all day long as they are usually busy hitting the parks and attractions. 

I am in northern NY ( not upstate- 1 hour south of CAN border) Google say $100-$200/sqft.

I am not sure how much you get involved but do your employees contact the realtor and discuss market rents, do the math to check leases versus market rents and which lenders use the "lesser of the two".Closing in an LLC versus personal name can also add a rate hit as well as Escrow or No escrow.