Earlier this year, they successfully renegotiated the lease with an increase.

That being said, they will automatically use 75% of the rental income if you have a renter in place with a lease (most lenders will want a year long lease).

I have 3 houses in doing a Sandwich lease option on right now that I didn't put any of my own money down or still put into.

I am super interested in the notion of sandwich leases, but I am unsure of the legality here in NY state.

I have TDY orders to do training at another base for 13 months I contacted my landlord and advised them of the TDY they stated I would be responsible for the remainder of the lease which is about 3 months and I would lose my security deposit...I was wanting to know would I be able to use SCRA to help me?

Because of this I opted out of putting something in the P&S regarding a signed lease with money held in escrow, etc.

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."