Every time I hear 1% cash flow I stab myself in the arm with a pencil - my arm looks like Swiss cheese now....hahahaSince you're in Gilbert, why not invest locally where you can walk properties and you know that area?  

The tenant's mention of a lawsuit is typically an empty threat.As someone that's dealt with plenty of mold and mold claims, this one looks like a fat nothing burger.

If you get a McDonalds burger today at $5, and tax's go UP $1 on burgers guess what, your burger will be increased in price $1.20, making it $6.20. 

McDonalds sells a delicious burger at a reasonable price and I am happy.When a pimply faced teen offers to toss a slice of processed cheese on it, the price goes up.My decision becomes obvious.

You seem to see more triple net on big national tenants, WalMart, Target, Chevron, or Burger King.

Hold your horses there buckaroo, or should I say cheese-headwear, lol. 

This plan is like swiss cheese after 131 rabid mice were let into a box where the wheel was.

Driving through your rental property, if you see a remodel going on stop and talk to the workers, head cheese or contractor is probably not there.    

If 2x, 3x, 10x the # of burger trucks flood onto a given street to offer burgers to the people, to meet demand 1:1 it has an economic effect of competion driving prices to REMOVE any bloat, any false margins, right.

The one you wanted did so, the investors were there to bid on that one, just as you.Bring more cheese next time.