The 70% rule is for rehabs, which I don't do a lot of, but for non-rehabs the software I share with people doesn't use the "50% rule"... it just uses Fannie Mae's 75% math.50% rule: Rent * 50% - P&I = cashflow.This implicitly assumes that property taxes in California scale up as rents scale up.

Some of my clients we take care of there accounts are Pilot gas stations, Flying John, Wells Fargo Bank, Backyard Burger, and Legacy Apartments.

Food place, this way they can shop then eat. craft store like Michaels or even Harmons or some drug store. i Have seen all these combinations next to dollar store and they seem to do well, they have been in the same strip mall for years. i know of one strip mall that has a Harmons, Michaels and a burger joint with a Dollar General and 5 below in it, all have been there for years. but have seen a lot of strip malls like that.

Dollar General and Burger King is 10-20 minute walk.

In general, if you are screening properties then you want to look at the 1to 2% rule (rents => 1 to 2% of asking) or the 50% rule (50% of the gross income to pay PI).

If rental properties in your market normally only get rent in the .8% to 1.2% rule (rent divided by the purchase price) than it seems like you are on the right track.  

Burger flippers make more than you.

If you are talking about a stand alone place with a drive through,a fast food place like Taco Bell or a burger joint seems to go well next to it.

Sometimes you just can't get stuff through...It is not like owning your own duplex where you are the boss, leader, and supreme ruler (with your spouse or partner if you have one)....

The Cascadia Investors Alliance has a north end meetup in Marysville at the Bob's Burgers.