Each tenant gets new ones--worth their weight in gold for stopping dirt and even catching stains, preventing noise and protecting laminate floors and linoleum from scuff and scratches...

@George Adams  you would be a great borrower for any lender .. i would break out lender vetting process for commercial deals as below 1) Borrower's credit worthiness - Check for you2) Borrower's over all cash flow out side subject property to cover notes if needed3) Cash flow and projection for subject property (heaviest weight) 4) Willingness for lender to loan into property category (i.e. some lender will not lend for multi families etc) Once you find a lender who is loaning for you target property then you should be golden.

When reviewing the financials of said franchisee how much weight is put on the actual ownership of the personal assets?

Good ones are far and few between, but a good one can be worth their weight in gold. 

They are worth their weight in gold.I'm trying to invent an app that tests character!  

Just a side note here about low credit: seniors who don't charge up cards or have no installment plans, young people fresh out of college, and undocumented workers all have low credit scores but may make great tenants.As others mentioned above, income and rental history is what you put the most weight on.

They are worth their weight in gold, and will only charge at the end.

Maybe ask about this & if you cover the charges see if you can push it out...We also know from personal experience (in Indiana) that the purchase agreement doesn't hold any weight.  

The appraisal proposed weighted blended rent was within $3 from our underwriting, so basically the same.

WACC will be the weighted average of all the capial you can get your hands on to grow your company quickly and efficiently. :)