It’s worth tripling checking everything before you spend any money.Reach out to my father Steve Moorhead too.

I would double, maybe triple that for the first couple years at least to build a nice reserve cushion.

I've run the numbers and think we can conservatively double or possibly triple our CoC return out of state. 

While NNN are great as an owner, there are things to considerBelow is a link to a good article about NNN leaseshttps://www.propertymetrics.com/blog/2015/02/19/nnn-triple-net-lease/

After I find one, I double and triple check who the decision makers are so I am not wasting my trip.

- No personal income taxes- low cost of living - high job and wage growth - diverse population - multiple housing options- the STRIP- Raiders, Golden Knights, WNBA, Soccer, Triple A baseball and soon the NBA will expand

I used to do triple this amount of rehabs for my REO clients with only a 4-5 person team and the same field contractors.The answer is making the field contractors 100% responsible for everything instead of hiring dozens in your office.  

Both of which almost tripled 6-8 years then dropped to about 90% of purchase price.1 in 2009, 1 in 2010, 4 in 2011, 1 in 2012, 1 in 2013, 2 in 2015 and my primary in 2014.

@Eric TanHe would still have ownership which makes him responsible to maintain R E Taxes and insurance unless you structured a Triple Net Lease.

I hung 45 door hangers before deciding it took triple the time I estimated and made the similar cost of mailed postcards with none of the time much more appealing for an initial contact.