Single Tenant, multi tenant, condo, flex space.Ask yourself this question: is this easy to backfill if the tenant goes Dark?

I stick to sponsors who have at least one full real estate cycle of experience with little to no money loss...ever, conservative leverage, high skin in the game, reasonable compensation ( so they aren't incentivized to push the risk envelope) etc. 

They also come in colors (by order). 

Inventory is low and activity is high, so 3.5 percent down isn't going to entice a lot of people to jump (low skin in the game) unless you are paying substantially more than someone with 20 percent down.Also, FHA and off-market almost never go together.

It's great to get someone's perspective, but what I've learned, even after someone gets free advice, they don't take it because they have no skin in the game.They haven't either worked or paid for that advice, and they don't value it.

No one has more "skin in the game" than a PMC as they have to deal with the property every day until an owner sells or fires them.Also recommend finding your own Inspector and not one referred by an agent.

In my experience success in real estate, whether as an investor or provider, requires a “thick skin”.  

I'm working on a 53 unit deal now without banks.There are so many different ways to skin a cat in this game. 

This is more common in anchored centers, where the inline tenants have a right to go to percent rent or terminate if the anchor goes dark or vacates for a certain amount of time.  

If you read what I said, I apologized if I assumed you weren't a HML and you were.My answer is still the same, there's nothing in the deal but problems for the buying from year 3 and beyond....and if you think I was lecturing you, you have a very thin skin.