@Tim JohnsonThere are essentially two ways (and a few variations) to purchase this deal, depending on how the owners are selling it:As a going concern:  In this instance you are buying the business, so it is the business you evaluate: assets, liabilities, revenues (historical: 3 - 5 years), operating costs (historical: 3-5 years), future financial projections, goodwill, etc.    

So there's a lot of variation within Colorado, with Denver being one of the least landlord-friendly cities despite being in one of the most landlord-friendly states (but still a great place to invest). 

I'd suggest a long conversation with someone actually doing these types of investing, (there are actually variations), in which a forum conversation leaves out, a lot you need to know. 

And use the real estate side of my life to minimize taxes on income and compound the returns on my real estate side using variations of things including 1031 exchanges, primary residence sales and conversions of investment property into primary residences. 

While there are several variations of net leases with different combinations of Tenant and Landlord responsibilities, this is intended to be a high level overview of some general basics you should have an understanding of before jumping into your first net lease deal. 1.

Even if you have no need for the work instruction, I suggest you use multiple tools as I have experienced large variations between the tools.  

With such a huge variation in price we are wanting to find out the most accurate way to determine the true price.  

.- Market variations: Different areas within the Bay Area are performing differently.

Pricing the different variations with available contractors is usually best .

In today's economy, the pricing is set by the market with some variation and some discounts/deals.