For single tenant net lease that is absolute NNN then yes an owner typically does nothing.For MTNL -multi tenant net lease then even though in many cases absolute NNN with base plus CAM you still gave to look out for CAM caps and large Capex expenses the owner would usually pay upfront and try to recover over time.For instance if you are buying a center looking at roof and parking lot are 2 big ones.

Financial institutions like to see annual leases typically.

Im unfamiliar with Florida, but in Maryland if the EMD does not get released, then typically the buyer will not release the contract on the property.

I wouldn't suggest paying for Pat Live with a list of 300 leads as they can be pricey and you typically won't get a huge influx of calls from mailing 300 leads. 

So for most typical 1031 exchange property this will not work.Example: Sell stock for $500k capital gain, contribute that into a Qualified Opportunity Zone Fund (QOZ Fund) and then either build a new apartment building or buy one for $250k for example and put $250k of renovations into it.Best bet might be new construction if you want real estate.

If you have some questions on anything feel free to call Boo or Logan at our office - those two guys can answer any questions you have to make sure you're getting involved in the right program for you :) And don't worry - they're not your typical commission hungry sales reps, John pays them hefty salaries and they know their  biggest priority is to find out what each person actually needs and see how we can help them so you won't be pressured into anything.

@Naveen Desai Yes, the property taxes are typically 2%-3% in the DFW area.

Typically it is the local building and zoning with a similar rule, repairs of more than 50% are not prohibited, But if the rebuild/renovation cost is more than 50% of the property value then the property must be brought to Current building codes, which may include the floor elevation being raised to current building requirements, which is usually not feasible, cost wise.

I don't have as much of a feel for lot sizes, but it seems like understanding what size lot typically corresponds to what number of bedrooms would let you know pretty quickly if there was room for an addition. 

   - repair is typical for an rental occupied property.My view is:  typical for turnkey properties, low performance, defered maintenance that yoiu'll get hit with typically sooner then later.