"Turning the money over" meant  using that very same $1M 2-3 times in one year to achieve a high COC, it did not mean doubling or tripling the money in one year.

Single, duplex/ suited, tripled, and most all 4 plex = how nice are the taps and what are the bedroom sizes and 9 minutes later the overpaid undereducated no trades background appraiser can’t remember if the basement was finished or not and tells you a number.

Originally posted by @Joy Abia:@Joe Villeneuve what's a triple net lease (NNN)? 

Can you survive financially until the appreciation kick in and you can sell for double or triple price?

The third was with Brian and Serge, and it was a triple-digit (can't remember which one).

Recommend you just Google "commercial lease" and copy & paste to get what you want covered.If you want commercial tenant to be responsible for the building, that's known as a Triple Net Lease (also shifts taxes & insurance liability).Then you should have a real estate attorney go over and approve your copy & paste creation.

Examples of Like-Kind Properties The following list of real property asset classes represents interests in real property that usually qualify as like-kind property for 1031 Exchange purposes: Single Family Residential Property Multi-Family Property (Apartments) Commercial Office Properties Retail Shopping Properties Industrial Warehouse Properties Triple Net Lease (Net Lease or NNN) Investment PropertiesAgricultural (Farm) Properties Vacant Undeveloped Land Oil & Gas InterestsMineral RightsWater RightsAir Rights Easements in perpetuityLeases with a remaining life, including options, of 30 years or more Tenant-In-Common "TIC" Investment Property InterestsDelaware Statutory Trusts "DSTs" Investment Property Interests Vacation rental properties (income producing) You can 1031 Exchange between all of these types of real estate.

Jared-If this is a triple, you are in good shape, sure I think if you could offer $170K for it and this is something they are willing to entertain great!

In those 5 years I got some cash flow from them, and prices tripled by the time I sold them ... since it was a roth IRA all these profits were 100% tax free.

Be really carefull with tenants and triple check employment status.