It looks like a great idea on the surface but the numbers don't stack up from a risk/return point of view as far as I'm concerned (it could be different for you depending on your return expectations).

Just like a stripper, you should leave them wanting more.4.

Perhaps valid concerns.

My biggest concern is managing additional units and tenants.

And the NNN leaves you only managing a long term lease rather than managing a property.And given your expertise, there's nothing wrong with a transition from farmer to landlord of the farmer. 

Getting you to finish the work and then to leave are other problems I see in your "deal structure." 

Hello BP,
New investors , how are you locating easy hard money lender or Pml ? w/o strict credit requirements

My W2 income is very high (+$500k), excellent credit, but I hate my job and I want to leave within a year or two. 

I would not give notice to leave somewhere until I had a place lined up. 

Mortar, paint & bonding materials deteriorate leaving cracks, gaps, etc. which can be concerning to look at, but this is very often addressed with repointing.