Other than having exposure to BP, I do not have any experience but I hope to get my feet wet by taking some basic classes at a local community college and purchasing my first duplex or multiplex.

We, as RE professionals can limit exposure for ourselves and our clients by implementing prudent due diligence on tenants; by ensuring our tenants are properly licensed, operating within the law and keeping their operations to code the changes of the DEA / DOJ seizing assets is (in my opinion) next to zero.

But back to your original question - yes, mail out to any address you have related to the property, postage is so cheap you shouldn't second guess the exposure.

So I am confident that this is an option (but am open to feedback confirming or rebutting).First question: Is this something I really want to do (from a risk/exposure perspective)?

I think the online course would have been more difficult if I had no prior real estate exposure. 

This would mean that there is no history of the LLC that the buyer is unaware of.I'm probably making many assumptions here about the liability exposure and relationship that the buyer and seller would want to have.

You will have very very very little exposure to the actual real estate owned by the REIT.  

Any exposure is good for me and I am just very eager to learn from someone already successful.

And really, I've found it best for overall exposure.

NNN - I am going to negotiate a cap on the expense pass through for property taxes to mitigate the California prop 13 tax increase; ideally getting very close to what the current tax exposure is.