New recessed lights and electrical work too. .Due to smells in the garage not going away, the drywall on the 3 walls was removed and the garage was then insulated with cellulose insulation , drywalled again and painted.

Will need to reach out to them.Stabilized Triple net plays like this one tend to produce conservative returns but also have relatively low risk. 8% is pretty good when the world is in the midst of a deep recession and your tenant is only likely to become more and more popular.

After the Great Recession (2010) the NC legislature created Option to Purchase Contracts Executed With Lease Agreements, NCGS Chapter 47G.

Keep buying through the next recession.

It seems that at this point in the cycle the focus should be on generating some wealth and waiting to deploy it real estate in those developed markets until our next market pull/back recession within the next 2 yours.

What happens to rents during a recession?

If cash flows every month this kinda properties are great recession hedge that people are going to keep not sell in this market.

Who was born before 2008 and remembers the negative housing market and gas crisis and recession?

As for a recession, sure, there are some issues.

Although that may recess, remote work will remain at a higher level than the world has ever seen after testing the landscape through covid.