So here we are.Ultimately, having big cash flow isn’t terribly important in the short term.

@Micah Loewen You may be able to get away with those just fine - doesn't sound terribly expensive.

I am terribly sorry to hear about your situation.

Properties, for novices, which look good on paper and have good cash flow usually come with C to D+ areas, risky tenants, and a lot of cap ex that you can't see on the internet (basements, roofs, water issues, outdated mechanicals).You are turning a terrible loss into a springboard which is great, but you are trying to move too quickly it sounds like.

This amount is expected to be paid 1/2 upon Lease Execution and 1/2 upon Tenant opening for business so generally speaking, the entire expense would be incurred within the first 12 months of the Lease term and is not something that is paid out over time as the tenant pays rent.While this is by no means intended to be an exhaustive list of all things Triple Net, I hope it helps someone looking to get into the space for the first time and maybe save one of you from making a terrible mistake.

As far as being a GC, I ended up becoming a GC because the GC's in Philly are terrible.

In the past I added mini splits to units, I upgraded a terrible kitchen with a tenant in place.  

He was about to pay 130k for a duplex that needed 30k in work, TERRIBLE, ( but looked good on paper) I told him.

and in all 3... service is terrible and getting worse. 

I mean read the damn statute before killing deals in your pipeline.If they were trying to ban wholesaling they did a terrible job, IMO.