If you consider that $7k an investment to increase the income by $2.4k annually, it is a solid return, but I would want to ensure that you aren't prematurely forcing a good tenant out by causing excess financial stress.

Anyway, now that I read this thread I kind of feel like a turd for requesting to be a colleague prematurely on a few.

Your lease and your actions must be as if the lease went full term and the move-out is per the move-out inspection and no punitive action for premature termination - - aka, they are due FULL REFUND.

I do know that DG salaries are kept really, really low at the store level....so any sort of tenant responsible facilities support for a NNN lease would be either outsourced or taken care of by someone over an area.What I mean by that is given the low wage of their employees (lower paid employees are HARD on facilities because they don't respect the job or the property), and the minimal/slow to respond regional facilities support means your building might get unnecessarily and prematurely worn.This is all speculation, but given your fairly low cap rate I'd advise a relook.

If two of the roommates want to move out prematurely, they have to sort the deposit out amongst themselves.

I have no expectation of getting a dime out of someone who moves out prematurely, but I also don't want to give them a penny of their deposit if they bug out and leave me with an unexpected vacancy.

Using this approach, you could end up owing his estate upon his premature death.

Debris should be removed from the roof surface to prevent premature wear and proper drainage.- Repair: Pointing of deteriorated mortar between the bricks of the exterior walls is advisable throughout to prevent further deterioration (front and rear).- Repair: Damaged brickwork at the rear wall should be repaired to preserve the wall.- Repair: The loose siding at the front porch roof line should be re-secured to avoid wind-damage and varmint/pest entry and moisture intrusion...

@Colin MurphyWelcome to BP.While it is probably premature to create a holding company for your future properties at this point, it is good you are thinking about it now.A Limited Liability Corporation (LLC) is an entity which straddles the worlds of sole proprietorship and the corporation.  

My painter prematurely repaired and painted over the ceilings, which allowed one rainfall to taint a brown fringe around where the old hole in the bedroom ceiling was before we finished the roof.Throughout, they never answered their phone or texts, forcing me to come up to Baltimore and bang on the door several times per week just to communicate anything to them.