@Jason Vandermark actually expenses seem kinda high for storage, assuming it's non-climate controlled.

You'll also want to impress upon them the benefits to the town that come with that, increased tax base, low traffic business, etc.

As the investor/middleman in a sandwich lease your goal is to control the property with minimal cash out-of-pocket. 

I ran a check on one of my prospects for the office space and the service returned as 'Decline' because of a criminal record on file that happened 22 years ago for possession of a control substance.What would you do in this case, for a residential customer I would have simply declined , but for a office space , with small enough rent, should I take a risk of rent it to him?

In my apartments one apartment could not even control the heat. 

Greater than 4 housing units in a building classes it as commercial.Building codes are usually controlled at a county level and vary across our country.

In effect, anyone who owns a home or wishes to own a home has control over you and your ability to invest.Hence my comment about self-imposed rules. 

I prefer to stay in control, and if a judge thinks I've overstepped my boundaries we can discuss it then.  

Trust provides more control and flexibility in planning.

For a SFH, this is not as much of an issue as it is for a apartment community because for an apartment community you need to know (control) who is in there to get your best returns when renting the other units--not so for a SFH.Good Luck!