Though the tenants are paying their own heat and lights, you will still have a house electrical meter for common areas, expenses for groundskeeping (snow removal, lawn care), water and sewer, garbage collection, janitorial, pest control, administration/accounting/advertising, etc.  

Instead of it being a simple Vanguard electronic transaction, I get to build something and be a part of the investment.  

Brian, I have a question for you where do you advertise you property?

If good renters are available, that is a plus, as if I advertise a renter, I want to be able to find a good tenant within a reasonable amount of time.

This home, unlike yours, was not advertised for sale or settled.

I said  nothing about advertising as "fully ADA".  

I found an ad for a land lease under a metal scrap yard advertised for a 9.2% Cap which would put the value at $1.082MM (100,000 / .092).  

In Georgia - we are not a judicial state- it is 4 weeks of advertising, and off to the steps.

however there is for certain a direct correlation between blue sky proforma's  IE rates of return advertised by sellers and quality of neighborhoods....

She'd pay with cash there, for a $3.99 fee, and then the money is sent to you electronically.