I figured I would save everyone the Vegas/Casino puns and get right to the point. 

I think 5.25% is expected now since the 10-year Treasury jumped 50 basis points in just the last few months.

It's away from the Casinos and is not nearly as distressed as most of AC.

I have several commercial loans, they are 5 year fixed at 5%, they adjust every five years to the 5 year treasury note rate(around 2%) + the bank adds 3%.

I plan on also doing a credit check / background check after I receive the application back from prospective tenants.Heres the link: http://www.nj.gov/treasury/dpmc/Assets/Files/Renta...Also - do you guys usually charge application fees?

I thought those revenue rulings you mentioned were superseded by more recent Treasury regulations (TD 9107). 

Treasury bonds and require tenants to pay taxes, insurance and improvements, can fool property investors.

I'd much rather go to the casino and play craps because I can only lose what is in my wallet.

Listening to Brandon's Podcast here makes me think that i need to buy a property that is falling into a sinkhole and covered in black mold and then get my "Justice League" of contractors to fix it up before I can make a profit off of it (using the BRRR strategy).I desperately want to jump off the high dive into real estate investing but Im deterred because I dont want to buy a property with more cigarette smoke damage than a 1950s casino.

Listening to Brandon's Podcast here makes me think that i need to buy a property that is falling into a sinkhole and covered in black mold and then get my "Justice League" of contractors to fix it up before I can make a profit off of it (using the BRRR strategy).I desperately want to jump off the high dive into real estate investing but Im deterred because I dont want to buy a property with more cigarette smoke damage than a 1950s casino.