Don't be scared of them just because they write lengthy emails and site housing laws.

There is a lengthy discussion comparing and contrasting the "broker" and "finder" parties and their role in the transaction in the court case described here: http://law.justia.com/cases/new-york/other-courts/2010/2010-20104.htmlWhile I realize this does not apply directly to the topic at hand (Wisconsin), I and other BP members in other states should find it very informative and educational.

Knoxville over due to the taxes, for one.

Long overdue update:I pursued the tenant through small claims court, and won, kind of. 

FYI this is a lengthy, bureaucratic process, but since Im not seeing a lot of info about the reality of it-I am sharing what I’ve learned.  

I like B+ and above because of a lengthy eviction process and costly turnover’s.

I’m not saying he isn’t right with the loophole (I agree and interpret it that way as well), it’s just so new that possible audit flag and a lengthy court case?

It is my initial reposition instinct for all the reasons @Dave Foster and @Kevin Sellers point out.I just don't like the idea of so many of my proverbial eggs in so few baskets, or not being as familiar with the asset class, and the looming recession we are over due for, combined with not necessarily having much location knowledge, if buying in a secondary/tertiary market that I have no direct experience in.Also, it seems like the primo NNN lease assets, get snatched up before they get posted on loopnet or crexi.

You can read more books, network with contractors, improve your current properties (overdue repairs/capex), make connections with investors, and build a team for future deals.

He then said it had not moved in 300 years and was overdue.