But I can see the advantage of partnering with newer investors, maybe I won't do it in a formal way but always willing to talk to and point new investors to good learning resources.

Given that 25% ownership, I see the 75/25 split on rehab costs.

I understand the definition of a NNN but I don't see the advantage to the lessee?

I think this is a case of me not wanting to see the obvious answer of "I'm paying $690 in rent PLUS the mortgage" because the numbers work in different scenario.

Here's an example that shows how much profit I would actually make if I purchased a property based on the 70% rule:ARV Repairs Purchase Actual Profit$100,000 $30,000 $40,000 $16,900$250,000 $80,000 $95,000 $54,000$500,000 $100,000 $250,000 $116,200As you can see, the deal would be very thin at the $100k ARV mark and if you incur any overages on your rehab costs, it would be very easy to lose money on the deal.

I was included on emails from my prop manager and the POA management co. regarding setting a time to see the window and setting a time to do a repair.

It's raining here, so I can see the water problems, and the sellers will move on price.

I can clearly see the school yard between the two buildings, a small rolling knoll with shrubs.

But they grew and improved and now you only see the descendents of steam shovels in very niche markets.Disclaimer: just my opinions

I don't see the big deal.