If I cannot do that, I would be getting triple taxation.

If all you are going to get is a 5% cap rate then just go buy a triple net property at a 6 to 7 cap where you do nothing but collect a check and then get 2% annual rent bumps yearly.Doing a bunch of work to get a property to a 6 cap doesn't get me out of bed in the morning.

.#6 Commercial BuildingsThe commercial real estate consists of properties the owner rents out to businesses, which includes “mixed-use” buildings.Many benefits of investing in the commercial real estate are similar to the residential real estate, although additional benefits include: Potentially higher income.Building professional relationships via a public presence, such as owning an arena in a large city.Advantageous lease terms, such as triple net leases.

Everything in all of Cleveland and burbs has doubled, tripled quadrupled or more OH City/ Tremont about 8 times increase.

But I will certainly triple-check when I go to my IRA this week.

Then you instruct the trustee to lease the property to  this resident co-beneficiary on a triple-net basis with right of first refusal at the trust's termination.  

Then you'd be making triple the amount! 

If the value of my home had not tripled in 10 years and the value of my rental not doubled in the past 4 years I would not have been able to capture such a large HELOC. 

Just remember many states pay tenants triple damages if they don’t get all owed security deposits returned within 30 days.

On the fenestration front, triple glazed windows (casement or tilt-in-turn for the operable windows) with insulated fibreglass frames (if budget allows).