So a Steak and Shake went out of business OR did they move to a more optimal location??

Sold is closest to true value you'll find since that is what people have actually paid.For screening, decide before searching what you are comfortable with.

ABQ is physically isolated by at least 6-8 hours driving from any other large metro area (Denver, Phoenix are closest).  

Its both, but so is any other real estate investment---if done right--NNN might be the closest thing to an exception to this rule. 

I could cook a steak myself, or pay the price to have someone else do it...But a GOOD PM should be fielding the calls, placing the tenant, checking in the property (even though your paying it) and in theory should have competitive pricing.

Do you suggest just heading to the closest Home Depot or Lowes?

Me I like to hike for a day and then go back to the hotel for a nice steak and the hot tub.

Doesn't matter what sector of RE one is in, everything is correlated.a friend and I have a saying, "trust the vendor, trust the numbers"we cannot decide on an individual basis whether or not an investment makes sense, but we can as much as possible vet the people behind the investment, and if they have a good track record and seem to be on the ball about their projections (conservative forecasting, and concentrating on return of capital first and foremost) , we can trust the numbers they present to a degree but syndication investing is still not truly passive, but it is the closest we come to it in REI

The closest thing I had comparable to this was guests who smashed windows, bled everywhere, and left $6,000 worth of damages, used a fake ID with airbnb, and disapeared into the night.We filed a claim with airbnb, and after 3 months they reimbursed me 100%.

Looks like you've got a messy road ahead of you.I tried to look this guy up on Google there is not much there for someone who says they have done all that they have done etc.All sizzle, no steak.