I don't analyze for Cap rate in properties without a NNN lease, so that's not relevant to me.

Hi all, I am interested in concept of sandwich leases, but all the examples I see of people who have done them do not reside in NY state.

I am on a month-to-month lease so if my timeline is moved further out, i should be fine (my hope, timeline stays the same).

It is 100% occupied and all tenants have been there for more than one year and have yearly leases."

Any offer should be subject to inspection-financial and building, go through the rent roll, leases and maintenance records.

They have been there 5 months of the 12 month lease.   

He let someone he trusted move in next door without a lease as that person does work around the property for him, and that person let someone else come in and had a quickly broken relationship with second person, and that second person let a third person come in with a new relationship with second person.

We are also having problems with our current tenants and recently gave them 60 day's notice to vacate (the lease expired and they are now month to month).

@Amy Kendall We have mainly done lease-purchase and owner finance, but the numbers on STRs definitely caught my attention, so we're exploring that now.We like Cobb for the low taxes, but we're invested in Gwinnett, Fulton, DeKalb, and other Metro Atlanta counties as well.

Here’s what I put in the lease about it.BASEMENT: The basement of the home will be locked for the duration of the lease.