Especially if it is a national brand or chain in a system.

In North Conway and Bartlett you have to pay 9% state meals tax as well. 

We don't rent to C-class but I still can think of at least 3 or 4 fans where the tenants busted the pull-chains off the fan, or cracked a blade pulling on it or doing who knows what, etc. 

Have you chained title?

Do any of the large chains offer corporate/commercial discounts?

Regardless of the type of financing you can get now , owner financing or not that debt will become and ball and chain around you ankles and all the time you will not be cash flowing and without the benefit of an empty building and being able to rent at market rates the property is also not going to go up in price.

Hi JoelThanks for your reply, its actually for a friend of mine who owns the restaurant (no chain just one) and is currently leasing the space who is looking to potentially buy the same space and does not want to over pay.

And since their lien is higher in the chain of title than when you deed it over to the trust, it's of no concern to them because their security deed keeps them protected. 

We found a private investor by taking to friends and family.HML's are good if you are going to flip or be able to refinance after rehab, but isn't a good long term strategy.Few will be clamoring to mentor, but you can invite other investors to coffee or a meal to pick their brains, or offer to help seasoned investors to get the experience.  

Small franchisee with 1 or 2 stores starting outThe lender will also look at expansion plans of the restaurant chain and how the average store performs with the rent to sales ratio they are paying.Many.many other factors to look at.