Probably closer to double or triple that amount.)If we assume that $950 goes to operating costs (water, management, repairs, improvements, vacancies, etc etc ad naseum-a roof will age, water heaters break, hvac units leak, pipes burst, outlets die, carpets rips- you get it!)

I think what you're talking about is a triple net commercial lease.

I had some 100+ year old triple course structural brick walls removed, and he didn't support anything.

It seems like smoke and mirrors.https://wolfstreet.com/2019/05/10/house-flipper-zillow-lost-109k-35-per-flip-net-loss-triples-shares-soar/ Sold 414 homes.Sales proceeds added $128.5 million to revenues, for an average selling price of $310,400 per home.The purchase cost of these homes added $122.4 million to cost of sales, for an average purchase price of $295,700 per home.This amounts to an average gross profit (selling price minus purchase cost) of a meager $14,700, or 4.9% per flip.

I knew that property taxes were higher in Texas, but had no idea that homeowner's insurance is triple that of Atlanta.

I know what stuff trades at everyday for retail/ triple net leasing and then larger apartment buildings because I review hundreds of properties a day.People in the business as professionals know not only what properties trade at but also the required structure of the deal buyers and lenders are requesting to make it happen.

Seems to me at one end of the spectrum is the pure passive investors - those who invest in syndications as limited partners, own triple net leased properties with no management responsibilities, etc.

I am an investor myself and also a commercial real estate broker with my own firm that close deals in all states.I specifically am a specialist in larger multifamily buildings and triple net leasing with a retail component.

In fact, I've almost tripled my money.

Running short on depreciation expense.Want more passive properties.Want more hands on properties.Re-balance portfolio.Move to a different class of property, like SFR to triple net commercial.They are personally moving and don't want far away properties.Change in family situation.Needing more security.Wanting more risk/speculation,Have enough cash flow, now want appreciation.Got bored with what they have.Chasing demographic changes.Ready for a value add project.Wanting to lever up.Wanting to lever down.Preparing estate for passing on.OK, I'll stop.